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This fact sheet details a CHF125 million (USD126 million) green bond issued by the North American Development Bank on July 24, 2018, with a maturity date of July 24, 2026.

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  • The North American Development Bank issued a green bond with a total amount of CHF125m (USD126m) and a tenor of 8 years.
  • Proceeds from the bond are designated for projects involving solar and onshore wind energy, water and wastewater management, waste management, and energy efficiency. Specific examples of eligible energy efficiency projects include public lighting, industrial equipment retrofits, and upgrades to commercial and municipal buildings.
  • The Climate Bonds Initiative notes that the issuer's framework does not explicitly exclude fossil fuel-related projects. Specifically, industrial emissions reductions and equipment retrofits are flagged as potential risks for funding fossil fuel-based technologies.
  • The North American Development Bank was established in 1994 by the governments of the United States and Mexico to support environmental infrastructure projects in the border region.

Cite the original document

APA
Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-07%20North%20American%20Development%20Bank.pdf
Chicago
Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-07%20North%20American%20Development%20Bank.pdf.
Wikipedia
{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=24 July 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-07%20North%20American%20Development%20Bank.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2018-07%20North%20American%20Development%20Bank.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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