ICO Green and Social Bonds
150
Instituto de Crédito Oficial
Project Category
SME Lending
(1) Economically
underperforming regions
SME Lending
(2) Depopulation
SME Lending
(3) Natural disasters
Socioeconomic advancement and
empowerment
Social Housing
Access to essential services
Affordable basic infrastructure
ICO Social Bond Framework (II)
Updated March 2020
Definition
Second floor facilities
Loans to SMEs established in economically underperforming regions
of Spain
Loans to SMEs established in municipalities of Spain facing
depopulation, hence supporting the fight against the 'Empty Spain'
Loans to support SMEs and self-employed affected by any natural /
health disaster (pandemics, earthquakes, floods, droughts...)
Direct lending
Programs that support the Socioeconomic advancement and
empowerment (projects aiming at supporting, integrating and
providing basic services to vulnerable population or developing job
security/basic needs / equal opportunities)
Loans dedicated to the development and provision of Social Housing,
including renovation, maintenance and improvement of social housing
projects and Social Housing with adapted rents to disadvantaged
targeted populations
Healthcare, education, professional training or financing for
companies facing natural / health disasters (pandemics, earthquakes,
floods, droughts...)
Water and sanitation, connectivity and digital access
NO
1POVERTY
DECENT WORK AND
ECONOMIC GROWTH
***
GENDER
5 EQUALITY
GOOD HEALTH
1
AND WELL-BEING
6
POVERTY
SDG
QINDERSTINY BENOVATION
10 REM.CO
INEQUALITIES
4
AND NASTRUCTURE
DECENT WORK AND
8 ECONOMIC GROWTH
11
QUALITY
EDUCATION
SUSTAINABLE CITIES
AND COMMUNITIES
CLEAN WATER
AND SANITATION
INDUSTRY, INNOVATION
AND INFRASTRUCTURE
REDUCED
10 ECUALITIES
DECENT WORK AND
ECONOMIC GROWTH
Socioeconomic advancement and
empowerment
Axis Venture Capital
Investments in Social Funds providing funding to social enterprises,
recognized as European social entrepreneurship fund, aligned with the
European Union regulation for Social entrepreneurship funds.
POVERTY
GENDER
EQUALITY
DECENT WORK AND
ECONOMIC GROWTH
REDUCED
10 INEQUALITIES
30
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