KATHMANDU: In a major step toward sustainable finance, the Securities Board of Nepal (SEBON) has approved the country’s first-ever green bond issuance by a listed company, valued at Rs 5 billion and maturing in seven years.
This marks Nepal’s entry into green financing through the capital market. Funds raised through the bond will be strictly directed toward environmentally friendly and sustainable development projects.
The issuance was approved under the Securities Registration and Issuance Regulations, 2073.
The initiative aligns with the Nepal Green Finance Taxonomy 2024, introduced by the Nepal Rastra Bank, and adheres to the Green Bond Principles set by the International Capital Market Association (ICMA).
These frameworks ensure that the proceeds are used only for eligible green projects and are subject to transparent monitoring and reporting.
SEBON’s move mirrors a global shift towards leveraging capital markets to fund climate-friendly growth and demonstrates Nepal’s commitment to sustainable and climate-resilient development.
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