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ADB Proposes SDG Accelerator Bonds for Green Infrastructure Projects in Southeast Asia

Share Manila: The Asian Development Bank (ADB) has launched a new report aimed at helping developing countries tap into global capital markets to support a green, resilient, and inclusive recovery from the coronavirus disease (COVID-19) pandemic and meet the Sustainable Development Goals (SDGs). The publication, Accelerating Sustainable Development after COVID-19: The Role of SDG Bonds, is a guide to using SDG bonds as a mechanism to attract global private financing. It proposes a new kind of SDG bond, the SDG Accelerator Bond, which could help countries reduce the perceived investment risk posed by an issuing entity, sector, or project with no track record on bond issuance. The new bond proposes to combine exit guarantees and other credit enhancement structures with incentives to help countries meet SDG targets.

ADB proposes SDG Accelerator Bonds

Published July 3, 2021, 9:00 AM The Asian Development Bank (ADB) has launched a guide that aims to help developing countries tap into global debt markets to support a green, resilient, and inclusive recovery from the pandemic and meet the sustainable development goals (SDGs). On Friday, July 2, the Manila-based multilateral institution launched a new report entitled “Accelerating Sustainable Development after COVID-19: The Role of SDG Bonds,” which is a guide to using SDG bonds as a mechanism to attract global private financing. The ADB report has proposed a new kind of SDG bond called “SDG Accelerator Bond” that could help countries reduce the perceived investment risk posed by an issuing entity, sector, or project with no track record on bond issuance.

ADB backs use of SDG accelerator bonds to boost green infrastructure

ADB backs use of SDG accelerator bonds to boost green infrastructure
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