CABEI’s Sustainable Bond Framework has undergone a thorough evaluation through a Second Party Opinion (SPO) process by Moody’s. Moody’s has assigned the framework an SQS2 sustainability quality score, which corresponds to a "very good" rating. This assessment underscores CABEI's robust commitment to sustainability through its bond issuances.
The framework is designed to finance projects across 17 eligible green, blue, and social categories, demonstrating a high contribution to sustainability. Moody’s confirmed that the framework is aligned with the four core components of the International Capital Market Association's (ICMA) Green Bond Principles (GBP) 2021 (with June 2022 Appendix 1) and Social Bond Principles (SBP) 2023. Furthermore, it aligns with the guidance provided in the Bonds to Finance the Sustainable Blue Economy: A Practitioner’s Guide (September 2023), as detailed in Moody’s report.
This recognition reinforces CABEI’s role as a leader in advancing sustainable development within the region. By adhering to internationally recognized standards and integrating innovative principles such as those for the blue economy, CABEI strengthens its capacity to mobilize resources for impactful and transformative projects.