Despite their short history, Sovereign Thematic Bonds have emerged as an interesting opportunity for Latin America and Caribbean (LAC) countries to efficiently channel domestic and international capital markets towards sustainable investments. While countries are trying to finance their recovery efforts and also take advantage of the increased interest for responsible and … [Read more...] about Sovereign Sustainable Bonds as Core Financing Instruments for Sustainable Development
Gianleo Frisari
Gianleo is a climate change economist at the InterAmerican Development Bank (IADB) where he focuses on climate finance and sustainable investments research to identify solutions for the mobilization of private capital. He works on financial instruments for the public sector, such as sovereign green bonds, sustainable solutions for Public-Private Partnerships, and the integration of climate change considerations in financial regulation and supervision. Before joining IDB, Gianleo was a senior analyst at the Climate Policy Initiative, working on risk mitigation and blended finance instruments low carbon investments. Before focusing on climate finance issues, Gianleo was a portfolio manager of investment programs dedicated to hedge funds and alternative assets. Gianleo holds a Ph.D. in “Science and Management of Climate Change” from Ca’ Foscari University of Venice and graduated in Economics from Bocconi University in Milan.
Capital markets can play a big role in boosting sustainable infrastructure investments
At the Petersberg Climate Dialogue in April, the IMF Managing Director, Kristalina Georgieva, was unequivocal about the need for a green recovery, which she described as a bridge towards a more resilient future. Ms. Georgieva stressed that the decisions made now will shape our economies and societies and the future of humanity given the climate crisis. Among the three tools … [Read more...] about Capital markets can play a big role in boosting sustainable infrastructure investments
How can green bonds help to build resilience after COVID-19?
The coronavirus crisis is severely testing the resilience of Latin America and the Caribbean economies and health care systems. At the same time, LAC is extremely vulnerable to climate risks and disasters such as floods, the spread of disease and loss of infrastructure. Governments’ fiscal space is currently being squeezed considerably following weak economic growth combined … [Read more...] about How can green bonds help to build resilience after COVID-19?
Four myths about climate risk and financial systems in Latin America
Despite being a relatively new agenda in the region, public and private actors in Latin America and the Caribbean actors are increasingly looking at the growing risks a changing climate brings to financial markets. The Inter-American Development Bank (IDB) has mapped current financial practices responding to climate change in the region, and suggested steps that could be … [Read more...] about Four myths about climate risk and financial systems in Latin America
Sovereign Green Bonds: 4 reasons to pay attention in LAC
Chile issued the first sovereign green bond of the American Continent on June 17th and marked a turning point for the Latin American region. With a USD 1.4 bn at 3.5% interest rate and dollar-denominated, the bond was overwhelmingly received by international investors and ground-breaking in several ways. More than 300 investors expressed interest for the transaction at an order … [Read more...] about Sovereign Green Bonds: 4 reasons to pay attention in LAC