Ecuador receives international award for the best debt swap for nature conservation 2023

Posted on: Oct 26, 2023


Ecuador has been awarded the 'Natural Resources Finance Deal of the Year' for its successful debt-for-nature swap that safeguards the Galápagos Islands' Hermandad Reserve. This international recognition was presented by GFC Media Group, the leading investment banking and corporate finance events company for emerging and frontier markets.

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Sovereign Green Bond Framework of Ecuador

Posted on: Oct 4, 2023


The Republic of Ecuador is firmly committed to sustainable development, climate action, and environmental protection.

The Sovereign Green Bond Framework defines the eligible green categories’ description and criteria, which were developed based on the 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs), the Ecuadorian National Development Plan titled “Opportunity Creation Plan” 2021-2025, and the Ecuador’s Nationally Determined Contributions (NDCs) under the Paris Agreement.

The Framework, designed by following the ICMA´s Green Bond Principles, highlights four core components that the Government of Ecuador commits to adhere by for all green bond issuances:

  1. Use of proceeds
  2. Process for Project Evaluation and Selection
  3. Management of Proceeds
  4. Reporting

This document was prepared by the Ministry of Economy and Finance in coordination with other sectorial ministries and the support of the Development Bank of Latin America and the Caribbean (CAF), and the Global Green Growth Institute (GGGI).

SGB framework (english) SGB framework (español)

Access to Debt-for-Conservation documents

Posted on: May 12, 2023


On May 11, 2023, the Government of Ecuador announced the completion of the largest debt-for-conservation swap in history, marking a significant milestone for both the nation and global environmental preservation efforts. As a result of this operation, the immediate reduction of the debt balance by approximately $1 billion and the allocation of approximately $450 million for the preservation and protection of Galapagos Archipelago, represent a significant achievement.

In line with our unwavering commitment to transparency and disclosure, we provide interested parties with access to relevant legal and contractual documents pertaining to this historic operation. We encourage our investors and stakeholders to visit the following links below to obtain the necessary information.

Debt Committee resolution BNY GPS BLUE Contract

President Guillermo Lasso's Government expresses its heartfelt appreciation to all parties involved in this transformative effort, including our partners, international financial institutions, and the citizens of Ecuador. In line with our unwavering commitment to transparency and disclosure, we provide interested parties with access to relevant legal and contractual documents pertaining to this historic operation.

Government of Ecuador triggers the constitutional "Cross Death Clause" and calls for general elections

Posted on: May 17, 2023


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Government of Ecuador announces debt for nature swap operation to preserve Galapagos Islands' biodiversity

Posted on: May 11, 2023


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Information relating to Credit Suisse' tender offer

Posted on: Apr 28, 2023


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Official statement from the Presidency of Ecuador regarding the admissibility of political impeachment proceedings against President Guillermo Lasso

Posted on: Mar 30, 2023


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Ecuador Economic Outlook for 2023-24

Posted on: Mar 3, 2023


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The Constitutional Court ruled in favor of the Executive, finding the bill presented by the Assembly to repeal the tax reform as formally unconstitutional

Posted on: Feb 2, 2023


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Ecuador successfully completes IMF program

Posted on: Dec 14, 2022


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Ecuador proforma Budget 2023

Posted on: Dec 9, 2022


Brief Overview.

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IIF survey results on Investor Relations programs

Posted on Dec 9, 2022


2022 PCG report

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Ecuador has reached reprofiling agreements with China Development Bank and China Eximbank

Posted on 9 Dec 2022


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