Global Green Growth Institute
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Mexico Sonora Bond

IATI Identifier: XM-DAC-47136-MX4
Published in IATI IATI
  • date_range Apr 01, 2018 - Dec 31, 2018
  • autorenew Closed (Status)

Upon submission of the Framework and after consultations with the Office of the Governor and Sonora Social and Environmental Commission, the State Treasury selected the Bus Rapid Transport system as the State’s priority project and committed to issuing a first green bond tranche worth MDP 500 (approximately USD 25 million) to finance the first stage of BRT development. Provided the issuance will lead to reduced cost of debt and improved visibility of the State’s Green Growth Strategy, Sonora will leverage Sonora Green Bond Framework for future issuances for the full implementation of the BRT project.

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Sectors:
  • Environmental policy and administrative management error
    Sector code:
    41010 - Environmental policy and administrative management
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Reporting Organisation error
    Sector code:
    MS - Reporting Organisation
    Sector vocabulary:
    99 - Reporting Organisation

Participating Organisations

Organisation Name Organisation Type Organisation Role
Global Green Growth Institute Multilateral Implementing

Transaction

Transaction Value Provider Receiver Type Date
Not Available circle Provider N/A circle Receiver N/A Incoming Funds date_rangeDec 31, 2018
10,448 USD (Valued at Dec 31, 2018) circle Provider N/A circle Receiver N/A Expenditure date_rangeDec 31, 2018

Budget

30,000 USD
30,000 USD (Valued at Dec 31, 2018) date_range Jan 01, 2018 - Dec 31, 2018
access_timeUpdated on Aug 04, 2020 03:30:23
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