Green Bond Fact Sheet

This fact sheet details a JPY 10bn (USD 92m) green bond issued by Gunma Bank on November 26, 2019, with a 10-year tenor. The proceeds are designated for renewable energy, energy efficiency, green buildings, and green transportation, with a second-party opinion provided by Sustainalytics.

• Gunma Bank issued an unsecured green bond on November 26, 2019, for an amount of JPY 10bn (approximately USD 92m) with a maturity date of November 26, 2029, and a tenor of 10 years.
• The bond's proceeds are allocated to several sectors: renewable energy (specifically solar, biomass, and hydro), energy efficiency, green buildings, and green transportation, including electric vehicles (EVs) and fuel cell vehicles (FCVs).
• Specific constraints and standards apply to the use of proceeds: biomass energy must come from waste products, hydro projects are limited to a maximum installed capacity of 25MW, and green building eligibility is determined by certification schemes including BELS, DBJ Green Building, and CASBEE.
• Gunma Bank plans to provide annual disclosures on its website regarding the allocation of proceeds and environmental impacts, including CO2 reduction for clean transportation, energy efficiency, and renewable energy, as well as the number and certification levels of allocated buildings.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Gunma%20Bank.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Gunma%20Bank.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=6 December 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Gunma%20Bank.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Gunma%20Bank.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }