The Rwanda Capital Markets Authority published an update on Rwanda’s green finance progress, based on its Chief Executive Officer’s remarks at the Green Public Financial Management seminar in Kigali, highlighting market initiatives spanning ESG reporting and themed bond issuance. Key developments cited included the introduction of Environmental, Social, and Governance (ESG) Reporting Guidelines for the Rwanda Stock Exchange (RSE), framed as aligning disclosures with international sustainability standards. The Authority also pointed to the launch of Green, Social, and Sustainability (GSS+) Bonds validated by industry experts and aligned with standards from the International Capital Market Association (ICMA) and the Climate Bonds Initiative (CBI), alongside two Sustainability-Linked Bonds issued through the Rwanda Development Bank (BRD) and a Green Bond issued through Prime Energy Plc.
Rwanda Capital Markets Authority 2025-02-20
Rwanda Capital Markets Authority outlines ESG reporting guidelines and green and sustainability bond issuances
The Rwanda Capital Markets Authority reported on advancements in green finance, emphasizing ESG Reporting Guidelines for the Rwanda Stock Exchange to align with international standards. It highlighted the launch of Green, Social, and Sustainability Bonds, validated by industry experts and aligned with ICMA and CBI standards, as well as Sustainability-Linked Bonds issued by the Rwanda Development Bank and a Green Bond by Prime Energy Plc.