, DOMINICAN REPUBLIC -Banco Popular of the Dominican Republic to make first green issue in the securities market

DOMINICAN REPUBLIC -Banco Popular of the Dominican Republic to make first green issue in the securities market

The Dominican Republic, through Banco Popular, will issue the first green bond in the stock market. This sustainable investment instrument is valued at more than USD 40 million (or the equivalent of more than RD 2.5 billion), which implies a greater promotion of sustainable investments, with respect to the reduction of carbon use in the economy. Arturo Morales Del Rosario, partner of CENTRAL LAW in the Dominican Republic, assured that the country is committed to sustainability and care for the environment and natural resources, supporting initiatives such as these in order to reduce the use of carbon in the different sectors of the economy.

For more information, please contact us at info@central-law.com.

Leave a Reply