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Bancolombia first private Financial Institution in Latin America to issue a green bond
12/07/2016 Since 8 years
![](https://greenfinancelac.org/wp-content/uploads/2018/06/colombia_bonos_noticia.jpg)
The issuance – for 350 billion Colombian Pesos (approximately US $ 115 million) – was fully acquired by the International Finance Corporation (IFC), a member of the World Bank Group, considered one of the main promoters of green finance globally. The proceeds will be directed to projects related to renewable energies and sustainable building.
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