Kowloon, Hong Kong -- (SBWIRE) -- 10/13/2014 -- These Principles were developed with guidance from issuers, investors and environmental groups and serve as voluntary guidelines on recommended process for the development and issuance of Green Bonds. They encourage transparency, disclosure and integrity in the development of the Green Bond market.
These Green Bond Principles suggest process for designating, disclosing, managing and reporting on the proceeds of a Green Bond. They are designed to provide issuers with guidance on the key components involved in launching a Green Bond, to aid investors by ensuring the availability of information necessary to evaluate the environmental impact of their Green Bond investments and to assist underwriters by moving the market towards standard disclosures which facilitate transactions.
These Principles build on first-to-market issuances by multilaterals and provide a platform for other future Green Bond issuers to direct funding to Green Projects. They are complemented by an appendix of established definitions of Green Project categories that were developed by multilaterals, non-profit and non-government organizations, and other relevant stakeholders.
http://www.earnest-medwell-international.com will propose a governance process that will allow for diverse stakeholder input into the Green Bond Principles. It is anticipated that an independent third party will be designated to serve as a secretariat whose administrative duties will include facilitating information exchange with issuers, investors, underwriters, and other stakeholders such as non-profit environmental organizations, non-government organizations, academics and other thought leaders.
"The development of a robust and liquid market for green bonds is an important progression for debt markets," said Suzanne Ling, Co-head of Green Debt Capital Markets at Earnest & Medwell International.
About Earnest-Medwell-International
Earnest & Medwell International is a growing, dynamic company that offers a wide range of opportunities of investments and also a comprehensive financial planning and investment management firm. We offer more than 100 years of cumulative financial experience to help our clients overcome obstacles and achieve their financial goals. The team at Earnest & Medwell International is dedicated to the financial success of our clients and helping their visions for their family, business, retirement, and legacy become reality. Earnest & Medwell International is a place where clients come first, and the goal is to always improve the lives of those we touch.
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