Oman’s Sustainable Finance Framework is designed to support the country’s transition to a low-carbon, sustainable economy. It enables the issuance of green, social, and sustainability bonds and sukuk to finance projects aligned with Oman Vision 2040. The framework prioritizes sectors like renewable energy, energy efficiency, clean transportation, water management, and social infrastructure. It adheres to international standards, including the ICMA Green Bond Principles, Social Bond Principles, and Sustainability Bond Guidelines. The framework also includes robust governance, transparency, and reporting mechanisms to ensure that financed projects deliver significant environmental and social benefits.
Oman – Sustainable Finance Framework
Reference
Sustainable Finance Framework, Ministry of Finance, Sultanate of Oman, 25 Jan 2024
Published On
16 Feb 2024
Country
Tags
Source
Sustainable Finance Framework, Ministry of Finance, Sultanate of Oman, 25 Jan 2024