The ESG Green Bond Principles (GBP) 2021 edition has been updated by the International Capital Market Association @ICMA

The GBP seek to support issuers in financing environmentally sound & sustainable projects that foster a net-zero emissions economy & protect the environment. An estimated 97% of sustainable bonds issued globally in 2020 referenced the Principles.

The four core components that an issuer should disclose to align with the GBP remain unchanged (use of procedes, evaluation & selection, management of procedes, & reporting). The GBP identifies recommendations regarding green bond frameworks and external reviews for heightened transparency. It recommends heightened transparency for issuer-level sustainability strategies & commitments. It recognises that ongoing developments of taxonomies may require parties to consider such taxonomies when determining the environmental sustainability of projects.

The 2021 editions of the the Social Bond Principles (SBP) & the Sustainability Bond Guidelines (SBG) have been similarly revised. The 2021 edition of the Guidance Handbook has also been updated & reflects such revisions.

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