GGGI and CABEI to advance ESG bond market in Guatemala
April 17, 2026
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*SPANISH VERSION BELOW
The institutions will implement a program to accelerate the issuance of green, social, and sustainable bonds in the capital market, in coordination with the National Stock Exchange of Guatemala.
WASHINGTON DC, USA, APRIL 15, 2026. The Global Green Growth Institute (GGGI) and the Central American Bank for Economic Integration (CABEI) signed a Letter of Intent (LoI) to implement the “ESG Bond Market Acceleration Program in Guatemala,” which will help mobilize resources to finance projects with strong environmental and social impact.
The program seeks to accelerate the issuance of green, social, and sustainable bonds in the local market, in coordination with the National Stock Exchange of Guatemala (BVN), and contribute to mobilizing resources to finance projects with high environmental and social impact.
The LoI, signed in Washington, D.C., USA, establishes that CABEI will lead the development of frameworks for ESG issuances by selected issuers, ensuring alignment with international standards, while GGGI will provide specialized technical assistance, including second-party opinions, support during the placement process, and guidance in the preparation of impact reports.
The program will initially be implemented in Guatemala. However, both institutions are considering the possibility of replicating the initiative in other countries in the Central American region, expanding its impact on the development of sustainable capital markets.
“CABEI is a key partner in advancing green growth in Guatemala and Central America. The signing of this agreement reflects the region’s commitment to developing sustainable capital markets, as well as the growing appetite for projects with strong environmental and social impact,” said Seungtae Kim, Director of the Development Finance Department at GGGI.
“This partnership with GGGI is part of CABEI’s financial strategy to diversify and strengthen sources of sustainable financing in the region, while reinforcing its role as a catalyst for development finance. It also promotes the use of innovative instruments in capital markets to help mobilize resources toward investments with high climate and social impact,” said Humberto Rodríguez, CABEI’s Finance Manager.
The LoI was signed in the context of GGGI’s and CABEI’s strategic alliance that started in 2022, as well as the Global Trust Fund on Sustainable Fiancne (GTF) project, financed by the Government of The Gran Duchy of Luxembourg, that GGGI implements in several countries, like Guatemaela, Costa Rica, and El Salvador.
The LoI is part of the strategic partnership established between GGGI and CABEI in 2022, as well as the Global Trust Fund on Sustainable Finance (GTF) project, funded by the Government of the Grand Duchy of Luxembourg and implemented by GGGI in several countries, including Guatemala, Costa Rica, and El Salvador.
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About GGGI
The Global Green Growth Institute (GGGI) is an intergovernmental organization founded in 2012 at the United Nations Conference on Sustainable Development. GGGI supports its Member States in transitioning to a green growth model that promotes poverty reduction, social inclusion, environmental sustainability, and economic growth. With 55 Member States and a presence in over 51 countries, GGGI develops innovative solutions, provides technical assistance, strengthens capacities, and supports the development of green investment projects. Its work contributes to the achievement of the Sustainable Development Goals and the Paris Agreement.
About CABEI
The Central American Bank for Economic Integration (CABEI) is a multilateral development bank with 64 years of experience and 15 member countries, including all Central American countries, Panama and the Dominican Republic, Belize, Mexico, Colombia, Argentina, and Cuba in the Americas; Spain in Europe; and the Republic of Korea and the Republic of China (Taiwan) in Asia. Over the past 20 years, CABEI-financed projects have accounted for approximately 50% of the resources provided by multilateral development banks to the Central American region.
CABEI holds credit ratings of AA+ (Stable) / A1+ from S&P (November 2025), Aa3 (Positive) / P1 from Moody’s (August 2025), and AA (Positive) from JCR (April 2025), and aims to leverage its financial strength and core competencies to serve as a driver of positive transformation in the countries it serves.
Press Contact
Javier Orellana
Central America Office
(+503)7985-2607
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GGGI y BCIE impulsarán el mercado de bonos ASG en Guatemala
Las instituciones implementarán un programa para acelerar la emisión de bonos verdes, sociales y sostenibles en el mercado de capitales, en coordinación con la Bolsa de Valores Nacional de Guatemala.
WASHINGTON, ESTADOS UNIDOS, ABRIL 15 2026. El Instituto Global para el Crecimiento Verde (GGGI, por sus siglas en inglés) y el Banco Centroamericano de Integración Económica (BCIE) firmaron una Carta de Intención para la implementación del “Programa de Aceleración del Mercado de Bonos ASG en Guatemala”, que contribuirá a la movilización de recursos para financiar proyectos con alto impacto ambiental y social.
Esta iniciativa busca acelerar la emisión de bonos verdes, sociales y sostenibles en el mercado de capitales local, en coordinación con la Bolsa de Valores Nacional de Guatemala (BVN), contribuyendo a movilizar recursos hacia proyectos con alto impacto ambiental y social.
La Carta, firmada en Washington, Estados Unidos, establece que el BCIE liderará el desarrollo de marcos de referencia para emisiones ASG de emisores seleccionados, asegurando su alineación con estándares internacionales, mientras que GGGI brindará asistencia técnica especializada, incluyendo la elaboración de opiniones de segunda parte (Second Party Opinion), apoyo en procesos de colocación y acompañamiento en la elaboración de reportes de impacto.
El programa se implementará inicialmente en Guatemala. Sin embargo, ambas instituciones contemplan la posibilidad de replicar esta experiencia en otros países de la región, ampliando su impacto en el desarrollo de mercados de capitales sostenibles.
“El BCIE es un socio clave para impulsar el crecimiento verde en Guatemala y Centroamérica. La firma de este acuerdo es una muestra del compromiso que existe en la región para el desarrollo de mercados de capital sostenibles, así como el apetito por los proyectos con alto impacto ambiental y social”, expresó Seungtae Kim, director del departamento de finanzas para el desarrollo de GGGI.
“Esta alianza con GGGI se enmarca en la estrategia financiera del BCIE orientada a diversificar y fortalecer las fuentes de financiamiento sostenible en la región, al tiempo que refuerza su rol como catalizador de financiamiento para el desarrollo, promoviendo el uso de instrumentos innovadores en los mercados de capitales que faciliten la movilización de recursos hacia inversiones con alto impacto climático y social”, destacó Humberto Rodríguez, gerente de finanzas del BCIE.
La Carta de Intención se enmarca en la alianza estratégica establecida entre ambas instituciones desde 2022, así como en el proyecto Global Trust Fund on Sustainable Finance (GTF), financiado por el Gobierno del Gran Ducado de Luxemburgo y que GGGI implementa en varios países, entre ellos Guatemala, Costa Rica y El Salvador.
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