Orange Bond

Orange Bond Principles

The Orange Bond Principles™

The Orange Bond Principles™ (OBP) support issuers, investors, arrangers, and approved verifiers in facilitating Orange Bond transactions. These transactions align with three key Principles: (1) Gender-Positive Capital Allocation, (2) Gender-Lens Capacity and Diversity in Leadership, and (3) Transparency in Investment Process and Reporting.

Issuers must outline their adherence to the Principles and obtain an external review from an Approved Verifier for impact measurement.

Download the OBP for a gender-empowered financial system focusing on climate finance.

Join the Orange Bond Advisory Council 2023

The Orange Bond Advisory Council will be responsible for advising the Steering Committee and expanding market awareness for the Initiative. Indicate your organization’s interest in applying for the Orange Bond Advisory Council 2023. Upon completion, we will contact you with additional information about the application process and subsequent steps.

Become an Orange Bond Approved Verifier

Becoming an Approved Verifier allows you to provide an external review and second-party opinion, confirming compliance with the Orange Bond Principles™ while emphasizing the impact on climate finance when marketing to investors.

Express your organization’s interest in the Orange Bond Approved Verifier training program and become a part of the sustainable finance transformation.

The Orange Revolution: Financial Market Innovations Towards a Gender-Smart Net Zero – Skoll Centre Blog

The Problem: 

With less than a decade to address critically climate change and the other UN SDGs, the pressure is on to find innovative and inclusive solutions.  The pre-COVID US$2-3 trillion annual SDG financing gap in developing economies has increased to an estimated $4-5 trillion per year.  Given this financing gap, the global financial system is positioned to play an integral and increasingly important role in addressing the gap.  However, much of the architecture of the global financial system was built without designing for the unique needs of developing economies, designing for environmental responsibility, gender equality, or equality more broadly.

The Opportunities:

The Environmental, social and corporate governance (ESG) movement has promoted rebuilding the financial system to consider these risks better, but even deeper integration of these considerations is fundamental for post-COVID recovery and deceleration of climate change. And both of these battles are fundamentally intertwined with gender equality:

Building ‘Forward’ Better:  The COVID-19 pandemic, ongoing conflicts worldwide, and the climate crisis have jointly exacerbated the regressive effects on gender inequality – as a result, the eradication of the global gender pay gap is now set back by over a century.  Women were almost twice as likely to lose their livelihoods during the pandemic, due to various factors such as disproportionate childcare burdens to labor market asymmetries.  Building forward better underscores an opportunity to redress these failures and re-structure economies that better integrate and empower women.  Closing the gender-regressive gap in the workforce could add up to US$13 trillion to global GDP by 2030.  In light of this substantial economic impact, gender equality must be central to post-COVID recovery.

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Durreen Shahnaz: Climate change is a feminist issue – The Peak

In her own words, the founder of Impact Investment Exchange tells us why climate change and feminism come hand in hand.

I stared at the painting. I squinted my eyes, and tilted my head, but could not figure out why the painting did not look right. I like to think of myself as a painter, but when I try to take flavours from my favorite feminist painter, Frida, I struggle.

Frida could effortlessly blend with oil, her political views, agony, and love as spirited attempts to express her own reality. I chewed on the end of my paintbrush, wondering how she did so time and again. The answer stared back at me from in between the interplay of green and blue textures.

 

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