Social bond: Difference between revisions
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In the context of its Social Bond Principles, the International Capital Market Association (ICMA) defines a social bond as any type of bond instrument where the proceeds will be exclusively applied to finance or re-finance eligible Social Projects. | In the context of its Social Bond Principles, the International Capital Market Association (ICMA) defines a social bond as any type of bond instrument where the proceeds will be exclusively applied to finance or re-finance eligible Social Projects. | ||
Examples of social projects include: | Examples of social projects include: | ||
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* [[Bond]] | * [[Bond]] | ||
* [[Green bond]] | * [[Green bond]] | ||
* [[International Capital Market Association]] | * [[International Capital Market Association]] (ICMA) | ||
* [[Social Bond Principles]] | * [[Social Bond Principles]] (SBP) | ||
* [[Social impact bond]] | * [[Social impact bond]] | ||
* [[Sovereign social bond]] | |||
* [[Sustainability bond]] | * [[Sustainability bond]] | ||
* [[Sustainability Linked Loan Principles]] | * [[Sustainability-Linked Loan Principles]] (SLLP) | ||
* [[Use of proceeds bond]] | * [[Use of proceeds bond]] | ||
Latest revision as of 11:31, 23 April 2023
1. Social Bond Principles (SBP).
In the context of its Social Bond Principles, the International Capital Market Association (ICMA) defines a social bond as any type of bond instrument where the proceeds will be exclusively applied to finance or re-finance eligible Social Projects.
Examples of social projects include:
- Affordable basic infrastructure, for example clean drinking water, sewers, sanitation, transport, energy
- Access to essential services including health, education and vocational training, healthcare, financing and financial services
- Affordable housing
- Employment generation including through the potential effect of SME financing and microfinance
- Food security
- Socioeconomic advancement and empowerment
2.
Similar bond instruments, not necessarily fully compliant with the Social Bond Principles.
