2023-09-13
The Capital Markets and Securities Authority of Tanzania has issued binding guidelines governing the issuance of corporate and subnational sustainability bonds, specifically covering green, blue, social, and sustainability-linked instruments. The framework mandates clear use of proceeds, standardized project evaluation criteria, transparent fund tracking, and mandatory reporting alongside independent external review to ensure market integrity. By establishing these minimum requirements, the guidelines aim to protect investors, promote financial inclusion, and expand Tanzania’s sustainable finance market through diversified debt instruments.