NIFRA Pioneers Sustainable Finance with Nepal’s First Green Bond
Nepal Infrastructure Bank Limited (NIFRA) is thrilled to announce a historic milestone in its unwavering commitment to the principles of Green, Resilient, and Inclusive Development (GRID). On May 13, 2025, the Securities Board of Nepal (SEBON) approved the issuance of Nepal’s first-ever public Green Bond, the “NIFRA Green Energy Bond 6%, 2088/89”, valued at NPR 5 billion with an attractive annual coupon rate of 6%. This landmark achievement was made possible following the earlier approval from Nepal Rastra Bank on April 13, 2025, which laid the groundwork for this pioneering initiative.
This visionary endeavor flourished through a collaborative partnership with the Korea International Cooperation Agency (KOICA) and the Global Green Growth Institute (GGGI). Their expert guidance was instrumental in crafting NIFRA’s robust Green Bond Framework, meticulously aligned with the International Capital Market Association (ICMA) Green Bond Principles (GBP) and the Nepal Green Finance Taxonomy (GFT) standard. Reinforcing the framework’s excellence, Sustainable Fitch provided a Second Party Opinion (SPO) with an excellent rating (which can be seen on their website), and that affirms NIFRA’s dedication to environmental stewardship and sustainable progress.
The “NIFRA Green Energy Bond” is more than a financial instrument; it is a beacon of hope, channeling vital resources into renewable energy projects and resilient infrastructure to support Nepal’s climate goals and foster inclusive economic growth. This bond reflects NIFRA’s vision of a sustainable future, weaving prosperity and environmental care into the fabric of the nation. We warmly invite investors to join us in this transformative journey to build a greener, more vibrant Nepal.
Together, let us shape a sustainable tomorrow for Nepal.