A set of English-language principles for green bonds have been translated into 19 other languages as part of a scheme to promote global issuance of the instruments.
The Green Bond Principles, which include guidelines on transparency, disclosure and reporting, are now available in Asian languages such as Chinese, Hindi and Japanese.
“Increasing demand for these products is encouraging, but if the market is to grow to the point where it can make a really significant impact then we need maximum involvement from issuers and investors globally,” said Martin Scheck, chief executive of the International Capital Market Association, which backs the scheme.
“Making these internationally accepted principles more accessible through translation is one further step along the way.”
The Green Bond Principles are supported by a group of more than 150 institutions that have issued, placed or invested in a green bond.
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