NCDF Investment Management is proud to present the NCDF Green Bond Solutions, a financial product designed to fund projects that generate positive environmental impacts. Our Green and Social Bonds Framework aligns with the Green Bond Principles (GBP) and serves as a transparent, coherent set of criteria for investing in initiatives that contribute to a low-carbon economy, deliver social benefits, and create long-term value for stakeholders.
The NCDF Green Solutions Bond is tailored to finance businesses and projects that support the transition to a low-carbon, climate-resilient, and sustainable economy. The proceeds from these bonds are directed towards eligible sectors, ensuring clear environmental sustainability benefits.
Funds from the NCDF Green Solutions Bond are allocated based on the core sustainable values and practices of the businesses and projects. Eligible businesses must derive 90% or more of their revenues from activities in the defined sectors, and the proceeds must not support activities outside these sectors.
The NCDF Green Solutions Bond evaluates investments based on compliance with the Eligibility Criteria and the NCDF Group Business Principles. A thorough confirmation process ensures the alignment of investments with our sustainable objectives.
The NCDF Green Solutions Bond Working Group is responsible for selecting investments. This group convenes quarterly to monitor progress and oversee the evaluation process, ensuring the highest standards of sustainable investment practices.
The proceeds from the NCDF Green Solutions Bond are allocated to eligible green investments. NCDF Investment Management oversees the management of these bonds, ensuring funds are used effectively and sustainably.
Annually, NCDF will publish an Allocation Report detailing the total amount of net proceeds allocated to eligible investments, the number of investments, unallocated proceeds, new financing, refinancing, and geographical distribution.
The Impact Report will highlight the environmental impact of the investments, including descriptions, metrics, and portfolio breakdowns.
NCDF Group will secure an independent verification assessment to confirm the alignment of our framework with the Green Bond Principles. Additionally, an external auditors’ report will verify the allocation of proceeds and the compliance of eligible activities.
The NCDF Green Bond Solutions underscores our dedication to responsible and sustainable investment practices, providing transparency, accountability, and significant positive impact on the environment and society. Join us in our mission to create a sustainable, resilient, and environmentally conscious future.