Sustainable Finance Framework 2022
Sustainable Finance Framework 2022
Excluded activities
Certain activities will be excluded as eligible
under this framework due to their unfavorable
environmental or social characteristics, such as:
Introduction
Rationale for Framework Alignment
Management of Proceeds Reporting
Use of Proceeds Evaluation and Selection
Verification Review Disclaimer
Weapons, ammunitions, and other military
goods/technology.
•
Tobacco 13.
•
Gambling, casinos, and equivalent
enterprises¹4
•
Radioactive materials 15.
•
•
Drift net fishing in the marine environment
using nets more than 2.5 km. in length.
Unbonded asbestos fibers. This does
not apply to purchase and use of bonded
asbestos cement sheeting where the
asbestos content is less than 20%.
•
Commercial logging operations for use in
primary tropical moist forest.
Production or trade of any product or
activity that may relate to misdemeanors as
importers and exporters (mainly in border
regions), natural extraction, polluting/
polluting substance producers.
Thermal coal mining or coal-fired power
generation and associated facilities16.
Upstream oil exploration and
development projects.
.
•
Upstream gas exploration and development
projects. Under exceptional circumstances
and on a case-by-case basis, consideration
will be given to financing upstream gas
infrastructure where there is a clear benefit
in terms of energy access for the poor and
where greenhouse gas (GHG) emissions
are minimized, projects are consistent with
national goals on climate change, and risks
of stranded assets are properly analyzed.
Violation of Human Rights (such as forced
labor, child labor, discrimination).
Projects exclusively dedicated to livestock.
13 This does not apply to projects whose primary objective is not related to the production, trade, or use of tobacco.
14 This does not apply to projects whose primary objective is not related to the construction and operation of gambling, casinos and equivalent enterprises.
15 This does not apply to the purchase of medical equipment, quality control (measurement) equipment and any equipment where it can be demonstrated that the radioactive source is to be trivial and/or adequately shielded.
16 This applies only to associated facilities which primary objective is related to the production, trade or use of coal for power generation or to the transmission of energy generated by a coal-fired power plant (e.g. a dedicated
transmission line).
13View entire presentation