S&P Global Ratings assesses Banco de Desarrollo del Ecuador B.P.'s green bond framework as aligned with Green Bond Principles, ICMA, 2021 (with June 2022 Appendix 1). Banco de Desarrollo del Ecuador B.P. is a government-owned financial institution established in 1979. It primarily offers financing and technical assistance to Ecuador's 93 decentralized autonomous governments for infrastructure and public service projects.