Original disclosure @ IDBI website
Updated in EWS Jun 10, 2019
Disclosed by Bank May 15, 2019
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The project consists of a subscription to a sustainable bond issue for up to COP$657,000 million to be issued by a Colombian entity through an offer on Colombia's second market (segundo mercado). The funds from the issue will be used to finance projects that are aligned with the UNDP Sustainable Development Goals related to environmental and social impact issues. A methodological framework will be defined that contains some eligibility criteria and impact indicators, facilitating the correct selection and monitoring of the projects to be financed.IDB Invest will provide technical assistance to obtain a third-party opinion to validate and confirm the suitability of the methodological framework being used.
Contact information: For project inquiries, including environmental and social issues related to an IDB Invest transaction, please contact the client (see Investment Summary sheet), or IDB Invest via e-mail at firstname.lastname@example.org. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism via e-mail at email@example.com or MICI@iadb.org, or by telephone at +1(202) 623-3952.