Second Party Opinion: Banco de Desarrollo del Ecuador B.P.'s Green Bond Framework - S&P Global Ratings’ Credit Research

Second Party Opinion: Banco de Desarrollo del Ecuador B.P.'s Green Bond Framework

Second Party Opinion: Banco de Desarrollo del Ecuador B.P.'s Green Bond Framework - S&P Global Ratings’ Credit Research
Second Party Opinion: Banco de Desarrollo del Ecuador B.P.'s Green Bond Framework
Published May 07, 2025
21 pages (8851 words) — Published May 07, 2025
Price US$ 600.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assesses Banco de Desarrollo del Ecuador B.P.'s green bond framework as aligned with Green Bond Principles, ICMA, 2021 (with June 2022 Appendix 1). Banco de Desarrollo del Ecuador B.P. is a government-owned financial institution established in 1979. It primarily offers financing and technical assistance to Ecuador's 93 decentralized autonomous governments for infrastructure and public service projects.

  
Brief Excerpt:

...Over the three years following issuance of the financing, Banco de Desarrollo del Ecuador B.P. (BDE B.P.) expects to allocate all proceeds to eligible green projects, with a 36-month lookback period. BDE is not in a position to share the expected allocation to each project category since the framework intends to function as a guide for future issuances. That said, the bank's loans have historically concentrated on financing the transportation and water and sewage sectors. We assess the framework as Medium green based on the project categories' Shades of Green detailed below, the expected allocation of proceeds, and the environmental ambitions reflected in BDE's framework. Sustainable water and wastewater management Planning and assessment of the state of water and/or wastewater resources through studies Research and innovations related to water quality, efficiency in water consumption, treatment, and decontamination Infrastructure and systems for efficient and sustainable water management...

  
Report Type:

Commentary

Sector
Global Issuers
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Second Party Opinion: Banco de Desarrollo del Ecuador B.P.'s Green Bond Framework" May 07, 2025. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Second-Party-Opinion-Banco-de-Desarrollo-del-Ecuador-B-P-s-Green-Bond-Framework-3365516>
  
APA:
S&P Global Ratings’ Credit Research. (). Second Party Opinion: Banco de Desarrollo del Ecuador B.P.'s Green Bond Framework May 07, 2025. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Second-Party-Opinion-Banco-de-Desarrollo-del-Ecuador-B-P-s-Green-Bond-Framework-3365516>
  
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