Colombia issued a Good Practice Guide and regulatory framework to promote the development of green bonds

In September, the Superintendencia Financiera de Colombia (SFC, the Financial Superintendence of Colombia), with IFC and World Bank support, published a Good Practice Guide for Issuing Green Bonds (in Spanish) on how to comply with the highest standards of transparency. It also issued the External Circular 028 of 2020 (in Spanish), incorporates the definition of Green Bond as a type of instrument for the Colombian market and provides instructions on minimum disclosure requirements. Read the official announcement (in Spanish).