The National Bank of Georgia has adopted a regulation that sets out how capital market participants can obtain, retain, or lose the right to market publicly issued securities as “Green Bonds”, “Social Bonds”, “Sustainability Bonds”, or “Sustainability-Linked Bonds” in Georgia. The framework was developed with input from international financial institutions and local market participants and establishes specific requirements for granting, maintaining, and revoking the relevant bond status designations. The National Bank of Georgia expects the rules to support issuers’ environmental and social objectives and related projects, encourage private capital investment in sustainable initiatives, and improve transparency for sustainability-focused financial products. The regulation enters into force on January 1, 2026.