Participation in the Working Groups and Taskforces established by the Executive Committee of the Principles is primarily restricted to Members and Observers of the Principles.
For 2026/2027, the Executive Committee of the Principles has decided to continue the Working Group on Climate Transition Finance. However, the Working Group will continue with only those organisations that previously participated in Workstream 2.
Building on the methodology and conclusions of Phase 1, the Taskforce on Official Standards and the GBP will extend its work to the non-taxonomy requirements of official green bond standards outside the European Union, notably in emerging economies. The Terms of Reference for this group will be available soon. The call for expressions of interest in participating in this group will open once the Executive Committee has selected the related jurisdictions.
Registration for the 2 groups listed below is open until 3 November 2026.
- The Working Group on Impact Reporting for Social Bonds will continue its work to complement the Harmonised Framework for Impact Reporting for Social Bonds with sector-specific guidance and metrics relating to eligible social projects.
- The Executive Committee decided to establish a new Taskforce on the Sustainable Financing of Data Centres.
*The Terms of Reference for each WG/TF can be accessed via the link in the relevant title in the table below.
| Topic | Coordinators | Objectives | Active Contributors |
| Impact Reporting for Social Bonds - working group |
|
Complement the Harmonised Framework for Impact Reporting for Social Bonds with sector-specific guidance and metrics relating to eligible social projects (continuing with Socioeconomic Advancement and Empowerment). | Active contributors should be limited to 10 organisations with relevant knowledge of or experience in the topics described in the objectives. |
| Climate Transition Finance - working group (WS 2 only) |
|
Complete the work begun in early 2026 (Workstream 2 only) and illustrate the implementation of the CTBG through concrete project examples. | The Working Group will continue with only those organisations that previously participated in Workstream 2. |
| Official Standards and the GBP - taskforce |
|
Building on the methodology and conclusions of Phase 1, the Taskforce will extend its work to the non-taxonomy requirements of official green bond standards outside the European Union, notably in emerging economies. | Active contributors should be limited to 10–15 organisations with relevant knowledge of and experience in the topics, while ensuring balanced representation across member types and geographical regions. |
| Sustainable Financing of Data Centres - taskforce |
|
Develop guidance on market best practice for the sustainable financing of data centres, to be integrated, where relevant, into the existing publications of the Principles. | Active contributors should be limited to 10 organisations with relevant knowledge of or experience in the topics described in the objectives. |
In addition, ICMA has set up the Sustainable Finance Innovation and Digitalisation (SF I&D) Taskforce. This Taskforce looks at the nexus of sustainable finance and Innovation and Digitalisation, and provides a forum for discussion on how digitalisation can support ICMA’s sustainable finance agenda. For more information on the Taskforce and to join, contact sustainabilitybonds@icmagroup.org.
