Mainstreaming Gender Objectives in Sustainable Bonds
The current low level of gender integration in social and sustainability bonds is due to issuers prioritizing other sustainability objectives rather than to the lack of technical know-how of including gender considerations in bond frameworks. In the case of green bonds, which are designed to address environmental objectives, integrating gender targets is less straightforward. Green bond frameworks cannot have social project categories, so issuers cannot just follow the example of social and sustainability bonds when integrating gender targets. At the same time, there are a couple of examples of green bonds, which will be discussed in this article, that have taken into account gender diversity in the allocation of their proceeds.
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