- Advertisement -S&P Global Ratings has confirmed Shelter Afrique Development Bank’s (ShafDB) Sustainability Finance Framework fully in alignment with the International Capital Markets Association (ICMA) Green Bond Principles, Social Bond Principles, and Sustainability Bond Guidelines. S&P Global Ratings has also announced the official publication of ShafDB’s Sustainable Finance Framework and the corresponding Second-Party Opinion (SPO). GGGI has partnered with ShafDB in designing the Sustainable Finance Framework, identifying eligible project categories, aligning the Framework with international market standards and strengthening the Bank’s readiness to access sustainable capital markets. The framework aligns ShafDB’s funding strategy with internationally recognized market principles, including the ICMA Green Bond Principles, Social Bond Principles, Sustainability Bond Guidelines, and the LMA Green and Social Loan Principles. The publication of the Sustainable Finance Framework supports the bank’s upcoming sustainable bond issuances, including its inaugural FCFA bond programme in the WAEMU regional capital market and future thematic issuances across Africa.