Securities Industry (Green Bond) Guidelines, 2024 🇬🇭

Ghana

Guidelines sec-gui-003-03-2024

Securities Industry (Green Bond) Guidelines, 2024

Issued by Securities and Exchange Commission on 7 March 2024
Commenced on 7 March 2024
[This is the version of this document from 7 March 2024.]

In the exercise of the powers conferred on the Securities and Exchange Commission by Sections 3 and 209 of the Securities Industry Act 2016 (Act 929) as amended by the Securities Industry (Amendment) Act 2021, Act (1062), these Guidelines are issued this 7th day of March 2024, for the issuance of Green Bonds. The Guidelines shall be effective immediately.

Part 1: PRELIMINARY

1. Introduction

(1) These Guidelines follow the Green Bond Principles (“GBP”) published by the International Capital Market Association (“ICMA”). The GBP aim to:(a) Foster the integrity of the green bond market, promote transparency, and the use of adequate reporting.(b) Promote the dissemination of the necessary information to allocate more funds to projects with a positive environmental impact.(2) …

Read the Full Legislation on judy.legal

Access annotations, citing cases, and more legal research tools.

Open in judy.legal