Finance (Miscellaneous Provisions) Act 2021
Summary
This Act sets Mauritius' budget for the fiscal year 2021-2022. It amends existing legislation to insert climate-related clauses. It notably 1) grants to the Bank of Mauritius the ability to issue guidelines, directives, rules or instructions regarding the framework for the issue of sustainable bonds, including blue and green bonds (by amending the Bank of Mauritius Act), 2) improves the legal framework to support the production and use of renewable energy sources, including biomass.
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About this law
Year
2021
Most recent update
05/08/2021
Geography
🇲🇺 Mauritius
Response areas
Mitigation
Sectors
Economy-wide, Finance, Public Sector
Topics
, ,  
 Topics mentioned most in this law
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Group
Topics
Policy instrument
Risk
Impacted group
Just transition
Climate justice
Renewable energy
Fossil fuel
Economic sector
Adaptation/resilience
Finance
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.