In cooperation with its regional partner, the Brazilian Business Council for Sustainable Development (CEBDS) and with the support of the Brazilian Federation of Banks (FEBRABAN), SEB and GIZ organized the symposium Greening Capital Markets in Brazil – Paving the Way for Green Bonds, which took place in São Paulo on June 28.
The objective of the symposium was to discuss, jointly with finance professionals, companies, policymakers, and international and domestic experts, international best practices and next steps to support the green transformation in Brazil. CEBDS and FEBRABAN also used the opportunity to announce the development of Green Bond guidelines to support and guide issuers, investors, and financial institutions.
Another highlight was the presentation by BRF, the first Brazilian company to issue a green bond. The audience gained first-hand insight into the company’s experience and learned how the issuance helped to raise the visibility of its sustainability strategy in the capital markets and hence broaden its investor base.
By attracting a broad audience, the event successfully served to lay the foundation for a unique multi-stakeholder approach. Throughout 2016 and 2017, the partners will provide advisory and technical support tailored to the specific needs and interests of all stakeholder groups in the Brazilian market for green bonds: financial institutions, investors, potential public and private sector issuers, regulators and second opinion providers. Consecutive stakeholder-specific trainings will follow shortly.
- Mats Olausson, SEB: Green Bonds Booming – What is in it for You?
- Harald Francke Lund, CICERO: Climate Finance
- Søren Elbech: International Best Practices in Green Financing
- Verónica García Seffino, IFC: Sustainable Energy Finance Through Financial Institutions
- Yannick Motz, GIZ: National and International Cooperation to Support Green Finance