FAN Inter-American Development Bank (IADB) has a social-bond programme called EYE – for education, youth and employment – which had US$1.5 billion outstanding as of July 2019.

The EYE-bond programme focuses on the lifecycle approach to building human capital from early childhood care and education through formal primary and secondary education, as well as programmes that facilitate labour-market placement by improving the transition from school to work through vocational training.

We anticipate launching a UN sustainable-development goal (SDG)-bond programme in the near future. This will focus on IADB’s strategic priorities of social inclusion and inequality, productivity and innovation, and economic integration. There are three cross-cutting issues: gender equality and diversity, climate change and environmental sustainability, and institutional capacity and the rule of law. Each strategic priority aligns to at least one of the SDGs.

AINSLEY KfW Bankengruppe is one of the largest green-bond issuers in global capital markets and we focus on this segment. In May 2019, we expanded our green-bond asset pool, which now includes loans for energy efficiency excluding renewable energy. Since then we have issued green bonds totalling €4.9 billion (US$5.4 billion) equivalent.

ROMANI European Investment Bank (EIB)’s sustainability-funding programme makes use of two products: climate-awareness Bonds (CABs) and sustainability-awareness bonds (SABs).

The proceeds raised from CABs, which we inaugurated in 2007, are allocated to EIB-financed projects that contribute to climate-change mitigation. SABs, inaugurated in 2018, complement CABs by extending the same accountability and administration to further areas of environmental and social sustainability beyond climate-change mitigation. So far, EIB has issued around €27 billion equivalent of CABs and SABs. This makes us one of the largest GSS issuers worldwide.

LITTEL Our client base consists mainly of public-sector institutions in the Netherlands – for which BNG Bank provides balance-sheet financing. A large part of public spending nowadays is either social or sustainable.

Since 2014, BNG Bank has issued sustainability bonds in a best-in-class format based on a framework created by Telos, the sustainability centre of Tilburg University.

To date, nine such bonds have been issued for a total amount exceeding US$6 billion. This year BNG Bank issued its inaugural, A$400 million (US$268.6 million) Kangaroo sustainability bond.

MORGAN Through its green-lending programme, which began in 2010, Kommunalbanken Norway (KBN) aims to finance the Norwegian local-government sector’s transition to a climate-resilient, low-carbon society.

By the end of H1 2019, KBN had a total of NOK20.6 billion (US$2.3 billion) outstanding in green loans to investments that are aligned with our green-bond framework. Financing this green lending, KBN has issued public green bonds since 2013 and currently has five green bonds outstanding, totalling US$1 billion, NOK1.35 billion and A$450 million.

BILL Since the launch of International Finance Corporation (IFC)’s green-bond programme in 2010, IFC has raised billions of dollars to finance projects that combat climate change.

In financial year 2019, we issued 37 green bonds—a record number— in 11 currencies for total volume of more than US$1.6 billion. This brings IFC’s cumulative volume raised to US$9.2 billion across 148 bonds in 18 currencies.

We launched IFC’s social-bond programme in 2017 and we have issued more than US$1.5 billion since. We have been active in Australia, where we launched a 2023 Kangaroo social-bond line with a current outstanding notional volume of A$700 million.

DORE Since the first green bond in 2008, we have issued more than US$13 billion equivalent in green bonds through 158 transactions in 21 different currencies.

We introduced the “sustainable-development bond” label to engage with investors on the entire portfolio of World Bank and raise awareness of the SDGs.

Starting in July 2017, we introduced use-of-proceeds language in our bond documentation to explain the sustainable-development activities that bond proceeds support. Since then, we have issued almost US$90 billion.