The president of the Cabo Verde Stock Exchange (BVC) launched a challenge to the Government and other entities to start thinking about green bonds, as well as the blue bonds whose subscriptions started today.
Miguel Monteiro made the proposal on Monday, January 23, in Mindelo, during a “special presentation” of the blue obligations (Blue-X) included in the reception program of the Ocean Race regatta.
“Why don’t we have the first sovereign edition of a `Green Bonds´ linked to the environment to, effectively, have this type of instrument on the Cape Verde Stock Exchange”, questioned the person in charge, for whom this challenge can be completed and allow the Government to “give a signal” to international partners.
Miguel Monteiro asserted that a “symbolic issue” of, for example, “two million dollars” would be “welcome”, which could show the contribution of the executive in sustainable instruments.
Source: Inforpress