Road map - Actions for setting a green bond market in Colombia
Summary
The report presents a road map for developing Colombia's green bond market, noting that while initial issuances by Bancolombia (2016) and Davivienda (2017) have occurred, further tools and strategies are needed to remove barriers and ensure sustained growth in green bond issuances to fund the country's green growth goals and Paris Agreement contributions.
Key insights
- Colombia is integrating green growth into its National Development Plan through a Mission for Green Growth, which aims to align national sustainable development transformations with the Paris Agreement and global agendas.
- While comprehensive cost estimates for the green economy transition are unavailable, the government has made progress in estimating costs for its domestic contributions to the Paris Agreement, necessitating the use of innovative capital market tools like green bonds.
- The Colombian green bond market has seen early success with the first issuance by Bancolombia by the end of 2016, followed by an issuance from Davivienda in April 2017 using the same framework.
Cite the original document
- APA
- Climate and Development Knowledge Network (2017). Road map - Actions for setting a green bond market in Colombia. https://cdkn.org/resource/guide-road-map-actions-setting-green-bond-market-colombia
- Chicago
- Climate and Development Knowledge Network. Road map - Actions for setting a green bond market in Colombia. 2017. https://cdkn.org/resource/guide-road-map-actions-setting-green-bond-market-colombia.
- Wikipedia
- {{cite report |author=Climate and Development Knowledge Network |title=Road map - Actions for setting a green bond market in Colombia |date=19 July 2017 |url=https://cdkn.org/resource/guide-road-map-actions-setting-green-bond-market-colombia |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climateanddevelopmentknowledgenetwork2017road, author = {{Climate and Development Knowledge Network}}, title = {{Road map - Actions for setting a green bond market in Colombia}}, institution = {Climate and Development Knowledge Network}, year = {2017}, month = jul, url = {https://cdkn.org/resource/guide-road-map-actions-setting-green-bond-market-colombia}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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