Source: eKapija | Friday, 10.09.2021.| 12:08
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Serbia received a framework document for green bonds issuance

Illustration (Photo: xtock/
The Government of Serbia has adopted the Framework Document of the Republic of Serbia for the issuance of green bonds, which aims to provide financing for projects that contribute to environmental sustainability in the broadest sense.

- By adopting the document, Serbia has become the first Balkan country to publicly declare its commitment to promoting awareness of environmental, social and corporate governance of projects that contribute to climate change mitigation and environmental protection. This will enable Serbia to access the global capital markets in ESG format - the statement says.

Green bonds, whose market has been developing more and more in recent years, represent a relatively new form of project financing in the field of climate change mitigation, thanks to the increase of investors' climate awareness and the demand for investment in this type of financing.

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