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Dominican Republic

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Last Updated:
04/05/2024
Since
2017
Association of Commercial Banks of the Dominican Republic (ABA)
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Timeline

  • 2023
    Framework Development

    • SIMV issues the Green Taxonomy of the Dominican Republic for Public Consultation

    • Financial institutions sign the Green Protocol of the Dominican Banking Sector

  • 2021
    Research and Engagement

    • ABA holds an internal meeting and forms a special committee to design a framework and begin to elaborate a green protocol

    • Green Banking Academy generates a training program

  • 2020
    Framework Development

    • BVRD issues the Green Bond Guide

    • The Superintendency of the Securities Market of the Dominican Republic (SIMV) publishes the Guidelines for the Issuance of Sustainable, Green, and Social Securities on the Dominican Republic Stock Exchange

    Market Actions and Impacts

    • Green bonds have been issued to the cumulative value of $263 million as of December 2020

  • 2019
    Framework Development

    • The Stock Exchange of the Dominican Republic (BVRD) establishes the Green Finance Segment for the Dominican Republic Stock Exchange

  • 2017
    Research and Engagement

    • ABA joins SBFN