Banks in developing countries are seeking a new type of security as a way to enter the growing market of socially responsible debt. So-called sustainability bonds may be suitable for emerging market banks because they bypass the challenges found in green bonds. Issuers of the new types of bonds promise to pay a fine if they fail to meet the ESG targets.
Source: Money Times
Brasil Económico aims to promote responsible cross-border trade & investment by facilitating the transparent flow of information to and from Brazil.
