PKO Bank Hipoteczny has published its green covered bond framework which complies with the International Capital Market Association’s Green Bond Principles, the Climate Bonds Initiative’s standard for residential buildings and has a second party opinion from sustainability rating agency, Sustainalytics.
The green framework means PKO Bank Hipoteczny will be able to issue green covered bonds to finance or refinance mortgages for energy efficient residential properties.
According to Sustainalytics the green covered bond framework is "credible and impactful", and aligns with the four core components of the Green Bond Principles 2018.
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