Green Bond definition

Green Bond means any industrial revenue bond, industrial development bond, economic development bond, or similar development or incentive type bond issued by a Governmental Authority pursuant to, in connection with, or in furtherance of any environmental, clean energy, or sustainability initiative of such Governmental Authority, the proceeds of which are used to acquire, lease, finance, develop, or improve, or to support the acquisition, leasing, financing, development, or improvement of, Green Bond Project Assets, in each case, the terms of which have been approved in writing by the Agent.

Green Bond means any type of bond instrument where the proceeds will be exclusively applied to finance or re-finance in part or in full new and/or existing eligible Green Projects and which are aligned with the four core components of the GBP.

Green Bond means a corporate bond issued to raise funds for environmental protection projects or projects that generate environmental benefits in accordance with the provisions of the Law on Environmental Protection.

Examples of Green Bond in a sentence

• The Green Bond Principles are issued by the International Capital Market Association and are voluntary process guidelines that recommend transparency and disclosure and promote integrity in the development of the Green Bond market by clarifying the approach for issuance of a Green Bond.

• An issuer can have its Green Bond, associated Green Bond framework or a key feature such as Use of Proceeds evaluated or assessed by qualified third parties, such as specialised research providers or rating agencies, according to an established scoring/rating methodology.

• An issuer can have its Green Bond or associated Green Bond framework or Use of Proceeds certified against a recognised external green standard or label.

• The ICMA Green Bond Principles are a set of voluntary guidelines that recommend transparency and disclosure and promote integrity in the development of the green bond market.

• Eligible Green Projects will be selected by the Green Bond Committee formed by representatives from Treasury (chair), Controlling, Legal, Engineering, Design, Operations and Investor Relations and relevant business units in accordance to the criteria defined in the Green Bond Framework.

More Definitions of Green Bond

Green Bond means the “Green Bond” as defined in the relevant Handbook.

Green Bond means such debt securities, the proceeds of which are used in green projects or such other projects to generate measurable climate and environmental impact in addition to financial returns;

Green Bond means a fixed income instrument, either unlisted or listed on a securities exchange, approved by the Authority, whose proceeds are used to finance or refinance new or existing projects that generate climate or other environmental benefits that conform to green guidelines and standards;

Green Bond means a “Green Bond” as described in the section of the GBP headed “Green Bond Definition”;

Green Bond means the corporate debt bond certificate issued to the Holder by the Company;

Green Bond means any type of bond instruments where the proceeds or an equivalent amount will be exclusively applied to finance or re-finance, in part or in full, new and/or existing eligible green projects and that are aligned with the Green Bond Principles (GBP) of ICMA;

Green Bond means bonds issued by governments, supra-nationals, agencies and other types of issuers to fund projects that are designed to benefit the environment. This includes financing or re-financing investments, projects, expenditure or assets helping to address climate and environmental issues.