Investor Presentaiton
Sustainable Finance Framework
Alignment to the Standards
Comunidad de Madrid
Sustainable Finance Framework
complies with:
.
ICMA Green Bond
Principles, Social Bond
Principles², Sustainability
2
Bond Guidelines³
•
LMA Green Loan Principles4
3
ICMA
Comunidad de Madrid Sustainable Finance Framework's pillars
Use of
Proceeds
Project
Evaluation
and Selection
Management
of Proceeds
•
• Sustainable Finance Instruments' proceeds will be
allocated to Eligible Expenditures with a clear social
and/or environmental benefit within the General Budget
•
Carried out by the Committee of Selection, Monitoring
and Evaluation that meets before the issuance of a
Sustainable Finance Instrument, in accordance with the
Eligibility and the Exclusionary Criteria
Sustainable Finance Instruments' proceeds will be
managed in a portfolio approach
The
The
Green Bond
Principles
Social Bond
Principles
4
The
Sustainability Bond
Guidelines
Reporting
Loan
Market
Association Green Loan Principles
5
the authoritative voice
Supporting environmentally sustainable economic activity
of the EMEA market
External
Review
Allocation and Impact reporting provided annually until
full allocation of the Sustainable Finance Instruments'
proceeds
Second Party Opinion (SPO) from Sustainalytics.
Comunidad de Madrid might hire an external party to
audit the allocation of proceeds
Under the Green Finance Framework, Comunidad de Madrid can issue Sustainable Finance
Instruments which include Green, Social, Sustainability bonds, thematic bonds, private placements
and loans
https://www.icmagroup.org/green-social-and-sustainability-bonds/green-bond-principles-gbp/
https://www.icmagroup.org/green-social-and-sustainability-bonds/social-bond-principles-sbp/
1.
23.
2.
3. https://www.icmagroup.org/green-social-and-sustainability-bonds/sustainability-bond-guidelines-sbg/
4. https://www.lma.eu.com/application/files/9115/4452/5458/741 LM Green Loan Principles Booklet V8.pdf
Source: Comunidad de Madrid
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