Treasury starts selling ‘green bonds’ on the foreign market

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Government says that resources raised will be used for sustainable actions and to combat climate change. Dollar papers have a seven-year term, maturing in 2031. View of the Amazon forest and a section of the Pacajá River, in the rural area of ​​the municipality of Portel (PA) Giaccomo Voccio/g1 The National Treasury Secretariat reported this Monday ( 13) which opened the first issue of “green” public bonds in the foreign market. The papers, denominated in dollars, will have a term of seven years – maturing in 2031. The result of the operation, that is, the amount of resources raised and the rate of return to the investor (how much they will receive for the loan) will be disclosed at the end of the today’s day. “The objective of the operation is to reaffirm the Republic’s commitment to sustainable policies, converging with the growing interest of non-resident investors and the expansion of the thematic securities market in the world”, informed the National Treasury. The institution informed that the resources raised through “green” bonds will be directed to actions that “boost sustainability and contribute to the mitigation of climate change, the conservation of natural resources and social development”. Green bonds: government launches unprecedented form of financing for environmental protection Under the rules of sustainable bonds, the values ​​must necessarily be invested in environmental projects. Such as: environmental preservation of native biomes, including control of deforestation in the Amazon and Cerrado, promotion of the Climate Fund, production of renewable energy. The government informs that there will be “transparency in the definition and selection of expenses” to be covered with these resources. And it also says that it will “disclose qualitative and quantitative indicators, when available, measuring the environmental and/or social impacts of these expenses”.

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