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Summary
CDB’s Framework presents the guiding principles for CDB to issue Green, Social, and/or Sustainability Bonds as well as Green and/or Social Loans. The Framework has been developed taking into consideration the best market practices as established by ICMA (under the GBP40, SBP41, and SBG42) and LMA (under the GLP43 and SLP44).
CDB’s Sustainable Finance Framework includes the following four core components:
- Use of proceeds
- Process for project evaluation and selection
- Management of proceeds
- Reporting
It is CDB’s intention to follow market best practices as the standards develop over time, therefore CDB may update this Framework.