Banco de Desarrollo Productivo (BDP) from Bolivia has authorized its Sustainable Bond Program, under which it will perform its first debt issuance for an amount of 50 million dollars. The objective of the placement will be to finance responsible investments with the environment through green or social projects or a combination of both, in the Bolivian stock market.
The Program was prepared in accordance with the regulations of the Financial System Supervision Authority (ASFI), the Thematic Bond Guidelines of the Bolivian Stock Exchange (BBV), the Principles of the International Capital Markets Association (ICMA) and the impact standards of the Sustainable Development Goals (SDG).
The BDP has an Environmental and Social Risk Management System (SARAS), an Environmental and Social Management System (SIGAS), as well as an Agroclimatic System and its Impact Measurement System.