Green finance has become one of the most important themes driving global finance. It has captured the attention of banks, companies, investors, governments and the general populace. And it continues to gather pace as the notion of a climate emergency demanding urgent action increasingly takes hold.
A year ago, investors were lamenting the fact that the rates of return on their bond holdings were far lower than they would desire. But the consensus view from those purporting to be in the know was that a normalisation was on the way as far as interest rates were concerned and that the buyside community would soon find yields at a level that might tempt them out from behind the sofa. Dissenters were certainly not to the fore.
IFR held its first Colombia Capital Markets Roundtable on February 8 in Bogotá, bringing together high-profile issuers, borrowers and bankers to discuss the prospects for a country that looks set for renewed growth this year.