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.

 

Thailand Sovereign

 

In August 2020, the Government of Thailand issued a THB 30 billion Sustainability Bond. 10 THB billion of this bond have been allocated immediately for the construction of the Bangkok MRT (Mass Rapid Transit) Orange line. The first phase of the line is due to become operational in 2024. The MRT, which is the urban metro system of Bangkok, currently has two lines and 53 stations.

In November 2020, the Government of Thailand issued a THB 20 billion tap on the same bond, all of which was entirely allocated to the same use of proceeds.

 

DATE OF ISSUE

TYPE OF INSTRUMENT

SIZE

TENOR

COUNTRY OF ISSUE

CLIMATE BONDS SECTOR CRITERIA

VERIFIER'S REPORT

ANNUAL REPORT FURTHER INFORMATION
August 2020 Sovereign Bond

THB 10 billion (USD 320m)

 

15 years Thailand

Low Carbon Land Transport

post issuance verification

(Certification was approved after the issuance)

 

 

Thai Ministry of Finance website

 

November 2020 Tap Tap of THB 20 billion (USD 660m) in November 2020 15 years Thailand Low Carbon Land Transport separate pre issuance verification for tap   press release for tap