Export Development Canada (“EDC” or “we”) is Canada’s official export credit agency, a self-financing Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage. Their mandate is to support and develop, directly or indirectly, Canada’s export trade and respond to international business opportunities.
This Framework is intended to guide future issuances of Green, Social, Sustainability and Transition Bonds (collectively referred to as “Sustainable Bonds”). The use of proceeds from these Sustainable Bond transactions will be earmarked for a portfolio of Eligible Assets, defined, selected, tracked and reported on in accordance with this Framework.
This Framework is informed by the guidance from ICMA’s Climate Transition Finance Handbook (2020) as it relates to practices, actions and disclosures for allocating capital for climate transition-related purposes, to be updated as market practices evolve.
