Oportunidades de financiamiento verde en Centroamérica y el Caribe

The report analyzes the green finance landscape in Central America and the Caribbean (CAC), noting that while the market is small—with only six green bond issuances as of June 2020—there is significant potential for growth in renewable energy, low-carbon transport, sustainable water, and waste management. It highlights the role of the Central American Bank for Economic Integration (CABEI) and the leadership of Costa Rica in climate ambition. The document provides a step-by-step guide for green financing and explores emerging opportunities in sustainable agriculture and the blue economy, while discussing the economic disruptions caused by COVID-19 and the 2020 hurricane season.

• The green bond market in Central America and the Caribbean (CAC) is in its early stages, with only six issuances recorded as of June 30, 2020, totaling USD 981 million, which represents 0.1% of global emissions.
• Renewable energy is the dominant sector for green bond allocations in the CAC region, accounting for two-thirds of all assignments, highlighting a need for greater diversification into other sectors.
• Costa Rica is identified as the regional leader in climate performance and ambition, aiming to be carbon neutral by 2021 and having generated 98.53% of its electricity from renewable sources over the last four years.
• The Central American Bank for Economic Integration (CABEI) has been a key actor, issuing its second green bond in November 2019 for USD 375 million to fund renewable energy and sustainable water projects.
• There is significant untapped potential for 'blue finance' and sustainable agriculture in the CAC region, particularly in the Caribbean where a large portion of the population lives on the coast and depends on marine resources.
• The COVID-19 pandemic and the 2020 hurricane season have created severe economic pressures, with the BCIE estimating a GDP contraction for Central America between -2.5% and -4.9% for 2020.
• The report identifies a global need for USD 100 trillion in climate-compatible infrastructure by 2030 to meet Paris Agreement goals, but notes a lack of identifiable, investment-ready projects in most CAC countries.
• Specific high-impact infrastructure opportunities in the region include the Passenger Rapid Train (TRP) in Costa Rica (USD 1.3 billion), the Metro Line 2 in Panama City (USD 1.86 billion), and the Metro Riel in Guatemala City (USD 772 million).

APA

Almeida, M., Ambrosano, J., Davidson, K., Filkova, M., & Gunawan, N. (2021). Oportunidades de financiamiento verde en Centroamérica y el Caribe. Climate Bonds Initiative. https://www.climatebonds.net/files/documents/publications/cbi_cabei_report_sp_final_2025-02-27-070914_guip.pdf

Chicago

Almeida, Miguel, Julia Ambrosano, Kristiane Davidson, Monica Filkova, and Nabilla Gunawan. Oportunidades de financiamiento verde en Centroamérica y el Caribe. Climate Bonds Initiative, 2021. https://www.climatebonds.net/files/documents/publications/cbi_cabei_report_sp_final_2025-02-27-070914_guip.pdf.

Wikipedia

{{cite report |last1=Almeida |first1=Miguel |last2=Ambrosano |first2=Julia |last3=Davidson |first3=Kristiane |last4=Filkova |first4=Monica |last5=Gunawan |first5=Nabilla |title=Oportunidades de financiamiento verde en Centroamérica y el Caribe |publisher=Climate Bonds Initiative |date=March 2021 |url=https://www.climatebonds.net/files/documents/publications/cbi_cabei_report_sp_final_2025-02-27-070914_guip.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{almeida2021oportunidades, author = {Almeida, Miguel and Ambrosano, Julia and Davidson, Kristiane and Filkova, Monica and Gunawan, Nabilla}, title = {{Oportunidades de financiamiento verde en Centroamérica y el Caribe}}, institution = {Climate Bonds Initiative}, year = {2021}, month = mar, url = {https://www.climatebonds.net/files/documents/publications/cbi_cabei_report_sp_final_2025-02-27-070914_guip.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }