Green bonds and green loans have become one of the
fastest growing financial assets in recent years. In Mexico, a new
Supreme Court precedent and a congress proposed amendment will
likely boost interest in green finance and securities in the years
to come. This article looks at the green loans and bonds market in
Mexico and the development of new funding opportunities for local
governments to invest in sustainable and environmental
projects.
Appetite for green bonds and loans in Mexico
Green bonds and loans market in Mexico
In the last decade, Mexico has seen a growing appetite for green
bonds and loans. As of today, Mexico is the leading country in the
Latin American green bond market, with 12 issues in the Mexican
Stock Exchange (the BMV) (Bolsa Mexicana de
Valores) for a total amount of US$1.7b. The BMV was the first in
Latin America to offer a segment dedicated to green bonds, which
proved Mexico's commitment to green market
development.1
