“Green bonds are all the rage. In 2018, green bond issuance grew a steady 4 percent year-over-year to $162 billion, according to the Climate Bonds Initiative. But once a green bond is issued, how can investors be confident that proceeds will make a measurable difference in the fight against climate change? This is a story of how a bank in Colombia took a performance-based approach to satisfy investors and pivot the construction market towards a more sustainable future…”