The Inca country will hold a renewable energy auction this year.
“The government of the United Kingdom and the Lima Stock Exchange (BVL) have announced the publication of the Green Bonds Guide, a document aimed at promoting the creation of a green bond market in Peru”, explained on Monday PV Magazine.
The UK government made a statement saying that this guide provides international best practice for this kind of business, plus basic principles to issue green bonds that finance clean energy technology projects.
“The guide was developed by MEXICO2, of the Bolsa Mexicana de Valores Group, which successfully developed a similar project in Mexico with funding from the British Government,” reads a statement, according to this website.
The Inca country is expected to hold a renewable energy auction this year. This was revealed by the president of the Peruvian Society of Renewable Energies, Juan Coronado.
“In order to guarantee transparency of all investments, the statements of the bond issuers should be reviewed by an independent entity, while the information of the projects related to bond issuances should be detailed. Net proceeds from this kind of transaction can be used to finance new projects, or to refinance a portfolio of existing assets.”, PV Magazine explains.