The Rwanda Capital Markets Authority has issued new guidelines establishing a regulatory framework for the public issuance and listing of Green, Social, Sustainability and other Labels (GSS+) bonds within Rwanda’s jurisdiction. The guidelines are intended to complement existing legislation and regulations governing debt securities. They apply to public issuance and do not cover private issuance of sustainable bonds or multi-jurisdictional issuance of GSS+ bonds. The framework draws on international principles developed by bodies including the International Capital Markets Association and the Climate Bonds Initiative, with the stated objective of supporting internationally credible and replicable labelled bond structures.
Rwanda Capital Markets Authority 2025-01-07
Rwanda Capital Markets Authority issues guidelines for issuance of Green, Social, Sustainability and other Labels GSS+ bonds
The Rwanda Capital Markets Authority has introduced guidelines for the public issuance and listing of Green, Social, Sustainability, and other Labels (GSS+) bonds. These guidelines complement existing debt securities regulations and are based on international principles to support credible labelled bond structures. They apply solely to public issuance within Rwanda and exclude private or multi-jurisdictional issuance.