Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds, loans & other debt instruments. Rigorous scientific criteria ensure that it is consistent with the goals of the Paris Climate Agreement to limit warming to under 2 degrees. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

Canberra Metro

 

 

Canberra's light rail system was launched in 2019. It currently has 13 stations and one line of 12 km long. The Australian Capital Territory (ACT) has a 100% renewables electricity grid and a net zero emissions target for 2045.

This is the first green loan in Australia related to a Private Public Partnership (PPP). It is jointly supported by ANZ and CBA, two banks in Australia. The loan will be used for refinancing the development of this line.

 

DATE OF ISSUE TYPE OF INSTRUMENT  SIZE TENOR COUNTRY OF ISSUE   CBI SECTOR CRITERIA VERIFIER'S REPORT ANNUAL REPORT FURTHER INFORMATION
December 2020 Loan Confidential  Confidential  Australia Low Carbon Transport

pre issuance verification statement

 

Green Finance Framework

ANZ press release

Commonwealth Bank Australia press release

 

(from Wikipedia)