Nepal is stepping into a new era of sustainable finance. For the very first time, the country is introducing a Green Bond, a financial tool created to support projects that protect the environment.
The Securities Board of Nepal (SEBON) has approved a request from a publicly listed company to issue this landmark bond. It’s worth Rs. 5 billion and will run for seven years. But its true value goes beyond money or time, it’s about building a greener future.
So, what makes this bond different? It’s not just about raising funds. Every rupee collected will go into eco-friendly projects like clean energy, climate-resilient development, and sustainable infrastructure. This bond is designed to help the environment while supporting Nepal’s economic growth.
To make sure the money is used the right way, the bond follows strict global and national rules. It aligns with:
- The Green Bond Principles (GBP) by the International Capital Market Association (ICMA)
- Nepal’s own Green Finance Taxonomy 2024, introduced by the Nepal Rastra Bank
These standards make sure the funds are used transparently and only for approved green projects.
Key Details about Green Bond
This move shows that Nepal is ready to use financial tools to fight climate change. It’s a signal to the world and to local institutions that the country is serious about sustainability. Experts believe this could inspire more green finance projects in the future. If more organizations follow this path, Nepal could build a strong, eco-friendly financial system that helps both the planet and the people.