IFC and IDEI announce green bond issuance for 800 million pesos to promote sustainable construction in Mexico

The International Finance Corporation (IFC), a member of the World Bank, and Internacional de Inversiones (IDEI), a developer of sustainable real estate projects, announced the issuance of a green bond for 800 million pesos (around US$45 million dollars) in order to promote sustainable construction in Mexico. The bond will contribute to the development of green financing for construction in Mexico, while strengthening the country’s climate financing market by promoting the broader adoption of certified sustainable construction and green financing standards. The issuance, carried out in two series (500 and 300…

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