Metro de Santiago, the metropolitan rail and subway transportation system of Chile’s capital city covering 143 stations and 149 km of extension and transporting around 2.6 million people daily, has published its first Green Financing Framework, with the purpose of incorporating its sustainability approach into the financing strategy.

The document covers the following aspects: i) use of proceeds in eligible green projects; ii) project evaluation and selection processes; iii) management of proceeds; iv) resource allocation and impact measurement reporting; and v) external verification.

The Framework is aligned with the Green Bond Principles from the International Capital Markets Association (ICMA), as well as the Green Lending Principles published by the Loan Syndicates and Trade Association (LSTA).