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.

 

TCorp New South Wales

 

TCorp is the Treasury function of the Government of New South Wales, Australia. This is their first Climate Bonds Certified Bond. New South Wales is the most populous state in Australia and Sydney is the state capital. 

This is the third Australian province and municipality to issue a Climate Bonds Certified Bond. The first was Treasury Corp Victoria who issued a AUD 300 million bond in July 2016, followed by Queensland Treasury Corp, who issued AUD 750 million in March 2017.

 

In 2016, New South Wales published a "Climate Change Policy Framework", which outlines their policymaking priorities and objectives.

 

 

NAME OF BOND

DATE OF ISSUE

TYPE OF INSTRUMENT

SIZE

TENOR

JURISDICTION OF ISSUE

CLIMATE BONDS SECTOR CRITERIA

VERIFIER'S REPORT

ANNUAL REPORT FURTHER INFORMATION
TCorp Green Bond November 2018 Use of Proceeds Bond AUD 1.8 billion (USD 1.3 billion) 10 years Australia

Low Carbon Transport

Water Infrastructure

Pre Issuance Verification Statement  

Green Bond Framework

TCorp Green Bonds website