The Green and Blue Bond Framework was certified by the Second Party Opinion (SPO); in this case, CABEI selected Sustainalytics as the provider.

CABEI has undergone the process of a Second party Opinion (SPO) with Sustainalytics, in turn, CABEI’s Green and Blue Bond Framework has received a favorable and solid SPO.

Sustainalytics believes that the Framework is aligned with the overall sustainability strategy of the Bank and that the green and blue use of proceeds categories will contribute to the advancement of the UN Sustainable Development Goals 6, 7, 11, 12, 13, 14 and 15. Additionally, Sustainalytics is of the opinion that CABEI has adequate measures to identify, manage and mitigate environmental and social risks commonly associated with the eligible projects funded by the proceeds.” Furthermore, the Second Party Opinion provider Sustainalytics added, “Sustainalytics is of the opinion that CABEI is well positioned to issue blue and green bonds and that the Framework is robust, transparent and in alignment with the four core components of the Green Bond Principles”.