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The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with the technical expertise sourced from the Asian Development Bank (ADB ) has facilitated the Regulatory Framework for issuing and trading a suite of Environment, Social and Governance (ESG) related Bond products at the Colombo Stock Exchange (CSE).
Issuers can now raise funds in the Capital Market by way of issuing Green, Blue, Social and Sustainability Linked (identified as GSS+) Bonds.
The Regulatory Framework for Green Bonds was published in April 2023 and subsequently was extended to include Blue Bonds. With the recent SEC approval, now issuers have the option of focusing on two additional products; Social and Sustainability Linked Bonds.
