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.

 

Phu Yen TTP

The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) signed a $186 million loan to develop and operate a 257 megawatt (MW) solar power plant in Hoa Hoi, Phu Yen Province, Viet Nam. This is Vietnam's first Certification.

Phu Yen JSC is owned by B.Grimm Power Public Company Limited and Truong Thanh Viet Nam Group Joint Stock Company (TTVN).

 

DATE OF ISSUE

TYPE OF INSTRUMENT

SIZE

JURISDICTION OF ISSUE

CLIMATE BONDS SECTOR CRITERIA

VERIFIER'S REPORT

ANNUAL REPORT FURTHER INFORMATION
October 2020 Loan USD 186m Vietnam Solar

Pre Issuance Verification

 

Vietnam government press release

ADB press release