UNDP releases SDG Impact Standards for Bond Issuers undp.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from undp.org Daily Mail and Mail on Sunday newspapers.
SDG Impact Standards are already being piloted in the market with New Development Bank’s (NDB) SDG bond issuance in China Interbank Bond Market earlier this month.
Simultaneously, UNDP has kicked off
the final public consultation for finalizing the SDG Impact Standards for Enterprises from 31 March through May 2021, with an anticipated Version 1.0 release of the Standards by 30 June 2021. Feedback is sought from all interested stakeholders, including enterprises, investors, civil society, analysts, intermediaries, assurance providers and policy makers.
“We are delighted that the responses overwhelmingly saw the important contribution that these Standards can make, in shifting the capital to fund the UN Sustainable Development Goals (SDGs). We are proud to see Issuers already piloting the standards, including NDB who last week announced a RMB 5 billion SDG Bond, utilizing the Standards and the SDG Finance Taxonomy (China) developed by UNDP,” said Marcos Neto, Director of UNDP Finance Sector Hub.