CABEI releases its Sustainable Bond Framework
The Central American Bank for Economic Integration (CABEI) has published its Sustainable Bond Framework, reaffirming its commitment to fostering economic growth, improving social well-being, and protecting the environment across the Central American region.
The Framework is structured in relation to the following four core components: i) Use of Proceeds; ii) Process for Project Evaluation and Selection; iii) Management of Proceeds; and iv) Reporting. The Framework allows CABEI to raise financing through Sustainable Bond Instruments, in public or private format, which may include: green bonds, blue bonds, social bonds, sustainability bonds and thematic bonds.
The Sustainable Bond Framework has been designed in alignment with the Green Bond Principles (GBP, June 2021, with June 2022 Appendix 1), Social Bond Principles (SBP, June 2023), and Sustainability Bond Guidelines (SBG, June 2021), as administered by the International Capital Market Association (ICMA).