Global Green Growth Institute
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Mexico Sonora Bond

IATI Identifier:

Published on IATI
  • date_range May 25, 2018 - Jan 31, 2019
  • 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

  • Reporting Organisation

Participating Organisations

Global Green Growth Institute Multilateral Implementing

Transaction

Transaction Value Provider
Receiver
Type Date
Not Available Provider N/A Receiver N/A
date_range
Not Available Provider N/A Receiver N/A
date_range

Budget

30,000 USD
  • 30,000 USD (Valued at Dec 31, 2018)
    date_range Jan 01, 2018 - Dec 31, 2018
access_time Updated on Jul 07, 2021 01:37:33