- 2016 update of the Green Bond Principles creates online resource for voluntary issuer information on Green Bond alignment and introduces guidance for issuers of Social Bonds
2016 update of the Green Bond Principles creates online resource for voluntary issuer information on Green Bond alignment and introduces guidance for issuers of Social BondsThe 2016 edition of the GBP benefits from the input of GBP members and observers, from working groups and the wider Green Bond stakeholder community, and also takes into account recent market developments. While the 2016 update continues to be framed by the same four core components (use of proceeds, process for project evaluation and selection, management of proceeds and reporting), a particular effort has been made to recommend best practice on reporting and external reviews, including the use of templates designed to be made available publicly to the market through a GBP Resource Centre hosted by ICMA. It is expected that this will add significantly to market transparency and clarify further the process of Green Bond issuer alignment with the GBP.
To view the press release click here.
To view the Green Bond Principles, click here.