“EM alliance unveils green bond standards” – Minerva Analytics – August 20, 2021

On August 20, 2021 Minerva Analytics reported that “(a) group of emerging markets investors have put forward new guidelines for issuers of labelled green bonds in a push to strengthen this nascent market in developing economies.

The Emerging Markets Investors Alliance (EMIA) has developed the standards amid concerns of greenwashing as governments and corporates increasingly turn to the green bond market to raise capital.

According to the EMIA, the enhanced guidance offers “more specific and granular guidance” for emerging market labelled bond issuers and investors.

In particular, the standards introduce tighter rules on the use of proceeds, processes for project evaluation and selection, and the management of proceeds and post-issuance reporting.”

You can read the article on the Minverva Analytics internet site.