Post by account_disabled on Mar 13, 2024 2:09:36 GMT -6
Have you heard about social bonds? Probably, but what is a fact is that you have heard about the complex situation that a large number of women in Mexico face every day. For years, women have gone out to work in different sectors, and such has been their impetus and need, that according to the National Institute of Statistics and Geography (Inegi) in May 2020, they used to represent 61.1% in the Employment Rates. Economic Participation, while men only represented 35.3%. However, the pandemic has lowered the proportion of women in the Economically Active Population (EAP) to 38.9% compared to 72.8% of men, according to the latest National Occupation and Employment Survey.
Given such a critical outlook, social bonds are a favorable option, but... what are they and how do they contribute? What are social bonds? These are defined as financial instruments whose resources are allocated to projects that improve the social environment, and respond to a demand for sustainable economic growth and development. The purpose of social bonds is to fully or partially BYB Directory finance or refinance newly created or existing projects that generate positive social results. They are governed by Social Bond Principles (SBP), which recommend transparency and dissemination of information, and promote integrity in the development of this market.
In accordance with these principles, social projects must be financed , that is, projects whose direct objective is either to solve or mitigate a certain social problem, or to achieve positive results for certain population groups. Taking this into account, BBVA decided to bet 3 billion pesos on women and place the first gender social bonus in Mexico. BBVA's bet Following the BBVA Group's purpose of making all the opportunities of this new era available to everyone, BBVA recently announced its participation as an intermediary to place in the issuance of the first gender social bond in Mexico, which aims to promote the economic autonomy of Mexican women.
Given such a critical outlook, social bonds are a favorable option, but... what are they and how do they contribute? What are social bonds? These are defined as financial instruments whose resources are allocated to projects that improve the social environment, and respond to a demand for sustainable economic growth and development. The purpose of social bonds is to fully or partially BYB Directory finance or refinance newly created or existing projects that generate positive social results. They are governed by Social Bond Principles (SBP), which recommend transparency and dissemination of information, and promote integrity in the development of this market.
In accordance with these principles, social projects must be financed , that is, projects whose direct objective is either to solve or mitigate a certain social problem, or to achieve positive results for certain population groups. Taking this into account, BBVA decided to bet 3 billion pesos on women and place the first gender social bonus in Mexico. BBVA's bet Following the BBVA Group's purpose of making all the opportunities of this new era available to everyone, BBVA recently announced its participation as an intermediary to place in the issuance of the first gender social bond in Mexico, which aims to promote the economic autonomy of Mexican women.