False
The government’s green bond program lets investors back public projects that:
- progress Australia’s net zero transformation
- support Australia’s environmental objectives.
Treasury and the Australian Office of Financial Management (AOFM) manage the program.
The AOFM website has more information:
- the Green Bond Framework – which guides the program
- allocation and impact reports showing:
- projects financed though green bonds (Eligible Green Expenditures)
- related climate and environmental impacts
- an indicative list of Eligible Green Expenditures.
Issuing sovereign green bonds is a priority in Australia’s Sustainable Finance Roadmap.
Program management
The Treasury:
- works with government agencies to identify potential Eligible Green Expenditures
- prepares annual allocation and impact reports
- supports the interdepartmental Green Bond Committee.
The AOFM:
- issues Green Treasury Bonds
- makes coupon and maturity payments to bond holders
- consults investors.
The Green Bond Committee:
- oversees the Framework
- oversees allocation and impact reporting
- select Eligible Green Expenditures based on criteria in the Framework.
Related content
- AOFM – Green Treasury Bonds
- Media release – Australia issues inaugural $7 billion green bond – 4 June 2024
- Media release – Investor Roundtable to help modernise our economy and maximise our advantages – 5 December 2023
- Media release – Investor Roundtable aligns efforts to deliver cleaner, cheaper energy – 21 April 2023