Second Party Opinion: Corporacion Financiera de Desarrollo S.A.'s Thematic Bond Framework - S&P Global Ratings’ Credit Research

Second Party Opinion: Corporacion Financiera de Desarrollo S.A.'s Thematic Bond Framework

Second Party Opinion: Corporacion Financiera de Desarrollo S.A.'s Thematic Bond Framework - S&P Global Ratings’ Credit Research
Second Party Opinion: Corporacion Financiera de Desarrollo S.A.'s Thematic Bond Framework
Published Mar 15, 2024
23 pages (9554 words) — Published Mar 15, 2024
Price US$ 600.00  |  Buy this Report Now

About This Report

  
Abstract:

We view Corporación Financiera de Desarrollo S.A.'s Thematic Bond Framework as aligned with the Social Bond Principles, ICMA, 2023; the Green Bond Principles, ICMA, 2021 (with June 2022 Appendix 1); and the Sustainability Bond Guidelines ICMA, 2021.

  
Brief Excerpt:

...Eligible projects under COFIDE's Thematic Bond Framework are assessed based on their environmental benefits and risks, using Shades of Green methodology. Green buildings Modernization of buildings with a minimum of 20% energy savings, demonstrated through LEED Gold or superior, EDGE and Mi Vivienda Verde certifications and costs associated with modernization of existing buildings to improve the current level of certification to achieve one of the certification standards recognized by this Framework within three years. Renewable energy Construction, operation, and maintenance of non-fossil renewable energy source projects. Transmission infrastructure fully dedicated to support the electric power generation systems recognized as eligible. Investments in solar and/or projects that integrate energy generation and storage. Energy efficiency Loans and investments for the improvement of energy efficiency in buildings, houses, and businesses, including improvements in lighting, e.g., replacement...

  
Report Type:

Commentary

Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers
Country
Region
Latin America
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Second Party Opinion: Corporacion Financiera de Desarrollo S.A.'s Thematic Bond Framework" Mar 15, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Second-Party-Opinion-Corporacion-Financiera-de-Desarrollo-S-A-s-Thematic-Bond-Framework-3139557>
  
APA:
S&P Global Ratings’ Credit Research. (). Second Party Opinion: Corporacion Financiera de Desarrollo S.A.'s Thematic Bond Framework Mar 15, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Second-Party-Opinion-Corporacion-Financiera-de-Desarrollo-S-A-s-Thematic-Bond-Framework-3139557>
  
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