Certification

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

 

 

City of Cape Town

The City of Cape Town's Green Bond will allow the City of Cape Town to invest in projects that are consistent with the City’s sustainability goals and which help the city to adapt to and mitigate climate change.

The bulk of the proceeds will go towards helping them manage their water infrastructure.

 

DATE OF ISSUE TYPE OF INSTRUMENT SIZE COUNTRY OF ISSUE CLIMATE BONDS SECTOR CRITERIA VERIFIER'S REPORT(S) ANNUAL REPORT WEBSITE FURTHER INFORMATION
 July 2017  Use of Proceeds Bond  ZAR 1bn (US$ 76m)  South Africa   Water, Low Carbon Transport 

pre issuance report by KPMG South Africa

post issuance statement

  City of Cape Town

Cape Town Press Release

Green Bond Framework