Regulatory Alerts2022-09-20
Added
Policy on Green Bond Financing for Banks and FIs
Bangladesh Bank establishes a regulatory policy and green bond taxonomy for banks and financial institutions to facilitate sustainable investment in climate mitigation, adaptation, and green economy sectors. The document defines green bonds as long-term fixed-income instruments financing projects eligible under the specified taxonomy, which aligns with national SDG and INDC targets across sectors such as low-carbon energy, green buildings, and circular economy. It outlines specific procedures for issuance, including the appointment of underwriters and trustees, eligibility criteria for participating institutions, and mandatory requirements for monitoring, reporting, and disclosure of proceeds and environmental impact.
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