Guatemala is ranked 20th in the Sustainable Finance Index (IFS), made by the Climate Finance Group for Latin America and the Caribbean (GFLAC). This means that the country has increased public spending on climate change, reducing revenues associated with fossil fuels.
According to a publication by Guatemala’s Ministry of Energy and Mines, the country stands out in sustainability with a figure of 2.91, followed by El Salvador with 2.11 and Jamaica with 1.52 in the aforementioned index.
This position of Guatemala is evidence of the effort that has been made in sustainable finance and our CENTRAL LAW lawyer in that country, Verónica González, proudly celebrates the distinction.
The BPI considers issues related to climate change and evaluates the alignment of sustainable development goals.
For more information, contact vgonzalez@central-law.com
