Bonds to Finance the Sustainables Blue Economy. A Practicioner’s Guide

Detalles

The International Capital Markets Association (ICMA), together with the International Finance Corporation (IFC), a member of the World Bank Group, the UN Global Compact, the United Nations Environment Programme Finance Initiative (UNEP FI) and the Asian Development Bank (ADB) have developed a Global Practitioner's Guide to Bonds to Finance the Sustainable Blue Economy.

The voluntary guide provides market participants with clear criteria, practices and examples for "blue bond" loans and issuances. Based on ICMA-endorsed principles and gathering input from financial markets, the ocean industry and global institutions, it provides information on the key components involved in launching a credible "blue bond", how to assess the environmental impact of "blue projects"; and the steps necessary to facilitate transactions that preserve market integrity.

The new global guidance helps to:

Define the typology of blue economy and eligibility criteria;
Suggest key performance indicators;
Present the latest case studies from the field; and
Highlight the critical need to increase financing to achieve Sustainable Development Goal 14 and other global sustainability targets.

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