Impact of sustainable bond issuance in Latin American and Caribbean countries: Lessons for Vietnam

In this study, we delve into the correlation between the issuance of Green, Social, and Sustainability (GSS) bonds and the economic growth trajectories of countries within the Latin American and Caribbean (LAC) region. By analyzing variables such as the “Green Bond Issuance to Total Bond Issuance” ratio and the “Planned Sovereign Green Issuance”, coupled with several pertinent economic and governance indicators, insights were derived using multiple linear regression techniques. Our findings elucidate that there is a positive correlation between certain variables, notably the planned sovereign green issuance and the private credit to GDP ratio, and economic growth.