Politics

Latin America less keen on ESG bonds


🔔 The dashboard: Brazil’s benchmark stock index Ibovespa gained 5.91 percent this week. Since entering a bear market in July, Brazilian stocks have recovered 17.31 percent. Meanwhile, the Brazilian Real gained 1.74 percent against the U.S. Dollar this week. 

  • Biggest gains: Positivo (tech), +27.94 percent.
  • Biggest drops: Natura (cosmetics), -18.91 percent.

ESG debt issuance plummets in Latin America

In the first six months of 2022, issuance of ESG-labeled debt bonds in Latin America reached USD 6.6 billion, about half of what was issued in the first half of last year. The dip mainly occurred in Q2, according to a Bank…

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