Update of Green Bond Principles

The Green Bond Principles (GBP) are voluntary guidelines under the International Capital Market Association (ICMA) that give guidance for the issuance of green bonds. They recommend transparency with regard to the components Use of Proceeds, Process for Project Evaluation and Selection as well as Management of Proceeds. They are intended to facilitate access to green bonds for market participants and suggest best practice at issuance.

The GBP have been further developed involving members of the GBP, working groups and green bond stakeholders as well as under consideration of general market development. The GBP 2016 refine the existing principles and have been complemented by templates for the disclosure of information.