Social bond: Difference between revisions
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imported>Doug Williamson (Create page. Source: ICMA webpage https://www.icmagroup.org/green-social-and-sustainability-bonds/social-bond-principles-sbp/) |
imported>Doug Williamson (Correct typo Market.) |
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1. ''Social Bond Principles (SBP)''. | 1. ''Social Bond Principles (SBP)''. | ||
In the context of its Social Bond Principles, the International Capital | In the context of its Social Bond Principles, the International Capital Market Association (ICMA) defines a social bonds 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: | ||
| Line 21: | Line 21: | ||
* [[Bond]] | * [[Bond]] | ||
* [[Green bond]] | * [[Green bond]] | ||
* [[International Capital | * [[International Capital Market Association]] | ||
* [[Social Bond Principles]] | * [[Social Bond Principles]] | ||
* [[Social impact bond]] | * [[Social impact bond]] | ||
Revision as of 11:50, 14 September 2019
1. Social Bond Principles (SBP).
In the context of its Social Bond Principles, the International Capital Market Association (ICMA) defines a social bonds 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.
