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Vigeo Eiris conducted a limited assurance procedure on the Republic of Chile's 2019 first Green Bond, concluding that it conforms in all material respects to the Climate Bonds Standard (CBS) version 2.1. The bond's proceeds are intended for 14 eligible green expenditures across solar energy, low carbon land transport, green buildings, and water management. The verification confirmed the existence of a documented decision-making process led by a Green Bond Committee and verified that the nominated projects meet specific sector criteria, such as a 30% carbon reduction target for buildings and a limit of 15% non-renewable electricity for solar projects. The report also validates the internal processes for tracking proceeds and the commitment to post-issuance compliance reviews.

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  • Vigeo Eiris concluded that the Republic of Chile's 2019 first Green Bond conforms in all material respects to the Pre-Issuance Requirements of the Climate Bonds Standard version 2.1 and its sector-specific technical criteria.

Cite the original document

APA
Climate Bonds Initiative (2019). PRE-ISSUANCE VERIFICATION REPORT. https://www.climatebonds.net/files/drupal-files/files/Republic%20of%20Chile%20pre%20issuance%20verification.pdf
Chicago
Climate Bonds Initiative. PRE-ISSUANCE VERIFICATION REPORT. 2019. https://www.climatebonds.net/files/drupal-files/files/Republic%20of%20Chile%20pre%20issuance%20verification.pdf.
Wikipedia
{{cite report |author=Climate Bonds Initiative |title=PRE-ISSUANCE VERIFICATION REPORT |date=9 May 2019 |url=https://www.climatebonds.net/files/drupal-files/files/Republic%20of%20Chile%20pre%20issuance%20verification.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{climatebondsinitiative2019preissuance, author = {{Climate Bonds Initiative}}, title = {{PRE-ISSUANCE VERIFICATION REPORT}}, institution = {Climate Bonds Initiative}, year = {2019}, month = may, url = {https://www.climatebonds.net/files/drupal-files/files/Republic%20of%20Chile%20pre%20issuance%20verification.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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