CABEI issues its fifth blue bond

The Central American Bank for Economic Integration (CABEI) has completed its fifth blue bond issuance, through a 30-year and 30 million euros placement aimed at financing the sustainable recovery of Lake Yojoa in Honduras.

The Lake Yojoa Sustainable Recovery Program in Honduras is a flagship project for CABEI that seeks to promote the comprehensive and sustainable restoration of the Lake’s ecosystem and watershed. The project is the first in Latin America to receive technical cooperation under the European Union’s Global Gateway initiative. The funds raised will finance investments in environmental conservation, water management, waste management, community development, and sustainable tourism.

The placement is aligned with CABEI’s Sustainable Bond Framework.