Service Description

ICMA Green Bonds Principles The Green Bond Principles (GBP) are guidelines that enable issuers to finance sustainable projects. These guidelines promote transparency, disclosure and reporting within the green bond market. INTERNATIONAL FINANCIAL RISK $ Who reports? Any issuers of green bonds This may include banks or other corporates. What is reported? Under the recommendations of the principles, issuers should implement a green bond framework that aligns to four components: Use of proceeds-Proceeds of a green bond should finance green projects. The GBP define the categones of projects that can be labelled as green. Process for project evaluation and selection-Issuers should dedose the sustainability credentials of projects to their investors eg how the project is determined to be sustainable and the targets associated with the bond. Management of proceeds-There should be full transparency from the issuers as to how proceeds are managed Reporting-Report how proceeds are allocated to green projects. This can be within the issuers annual report Benefits Outlines the key components of investors strategies for achieving sustainability commitments. Ensures investments are aligned with sustainability goals