Issuance of green and sustainability bond has grown rapidly year on year with repeat and new issuers coming to the market.
Green and sustainability bonds are structured with specific use of proceeds defined at point of issuance with updates on allocation and impact in post issuance reporting. This report focuses on four specific use of proceeds (as defined by the International Capital Market Association (ICMA) Green Bond Principles (GBPs)) selected for their likelihood to impact carbon emissions:
- Clean Transportation
- Energy Efficiency
- Renewable Energy
- Pollution Prevention and Control