EBRD has been issuing Green Bonds since 2010, as reflected in the presentation: “Focus on Environment”
- EBRD’s Green Bond Frameworks
- Selection Process
- Reporting (use of proceeds and expected impact)
- Mapping of the EBRD’s Green Bond Frameworks to the Sustainable Development Goals (SDGs)
- Impact reporting methodological references
- Use of proceeds language in the relevant bond documentation
The EBRD’s Green Bonds are issued in accordance with the Green Bond Principles (“GBP”).
EBRD has earmarked three separate thematic portfolios under which it can issue Green Bonds consistent with the four core principles of the GBP:-
- Environmental Sustainability Bonds
- Climate Resilient Bonds
- Green Transition Bonds
Environmental Sustainability Bonds have been EBRD’s main Green Bond offering to date, focusing on a “deep green portfolio”.
Climate Resilient Bonds have an underlying portfolio of climate resilient investments that are consistent with the CBI’s Climate Resilience Principles.
Green Transition Bonds have proceeds linked to assets that can provide substantial emissions’ reductions in sectors, such as manufacturing, that will contribute to the transition to a net-zero resilient economy.