The successful experience of the Santiago Exchange in the Green and Social Bonds market continues to be disseminated internationally, and was the theme of the seminar "Climate Finance in the Pacific Alliance", held in Mexico City on July 19 and 20.
The Chief Commercial Officer of the Santiago Exchange, Lucy Pamboukdjian, joined in the panel discussion "Advances of green finance on Pacific Alliance markets : Prospects for the Exchanges", that also counted on the participation ofr Carlos Barrios, Director of Investor Relations and Sustainability of BVC Colombia, and Mariella Córdova, Commercial Development and Products Manager of BVL Peru.
Pamboukdjian explained that "the Green and Social Bonds market is an initiative that is in line with the sustainable development strategy of the Santiago Exchange. We see that in Chile the companies are already incorporating the ESG -environmental, social and corporate governance-, elements in their management, thus facing challenges posed by institutional investmentors on companies’ evaluation, considering not only their financial performance , but also their businesses long term sustainability".
The seminar also included the participation of Alejandro Riquelme, CFO and Investor Relations Officer of Aguas Andinas, which was the first issuer of Green and Social Bonds in the Chilean market, and Trinidad Lecaros, Macroeconomic Adviser of the Ministry of Finance of Chile. It also addressed issues related to climate finance and the green bond market; emissions of green, social and sustainable bonds in the Pacific Alliance, in addition to other ESG mechanisms for private capital; investors and the private sector perception; the experience of the United Kingdom in Climate Finance; the regulatory framework behind climate finance and the challenges in the countries of the Pacific Alliance.