Canada’s development finance institution will build upon investment in Latin America, the Caribbean and Sub-Saharan Africa and encourage private investments in emerging markets and developing economies (EMDEs) as it expands operations.
FinDev Canada is joining IDB Invest in an US$80 million commitment to Banco Bolivariano, Ecuador’s fifth-largest bank, to support the launch of the region’s second private sector blue bond, which will finance sustainable business practices contributing to the preservation of the oceans.