There has been an increased issuance of green bonds and social bonds globally and across emerging markets. Green and social bonds operate like traditional bond issuances and are income generating assets for investors.

The African Development Bank Group Social Bonds programme finances projects with a measurable, positive social impact. The EUR 7-year Social Bond is part of the programme, which includes five social bonds totalling around USD 5.3 billion and was launched in 2017.

The Masala Green Bond is a public Indian rupee offering listed on the London Stock Exchange offered by the World Bank Group’s International Finance Corporation.