Green bond second party opinion
The Ministry of Finance for the Kingdom of Denmark is looking into potentially issuing a green bond.
The potential Danish green bond program will be described in detail in a Green Bond Framework drafted by the Danish Ministry of Finance. The Green bond framework will be compliant with relevant market practices and outline the use of proceeds from the issuance, the process for selecting eligible green projects, the management and tracking of proceeds from the issuance, and the format for impact assessment and reporting of the green expenditures used from the proceeds.
To ensure alignment with market expectations and industry best practice, The Ministry of Finance will be seeking a second party opinion for the drafted potential green bond framework. The provider of the second party opinion will be an institution with environmental expertise that is independent of any Danish government institution.