Green Treasury Bonds

Policy topic: Banking and finance

In short

The Green Treasury Bond program lets investors back public projects that:

  • drive Australia’s net zero transformation
  • support Australia’s environmental goals.

Issuing sovereign green bonds is a priority in Australia’s Sustainable Finance Roadmap.

Treasury manages the program with the Australian Office of Financial Management (AOFM).

Program responsibilities

Treasury:

  • works with government agencies to identify potential Eligible Green Expenditures
  • prepares annual allocation and impact reports
  • supports the Green Bond Committee.

The AOFM:

  • issues Green Treasury Bonds
  • makes coupons and maturity payments to bond holders
  • consults investors.

The Green Bond Committee:

  • oversees the Green Bond Framework
  • oversees allocation and impact reporting
  • selects Eligible Green Expenditures based on criteria in the framework.

For more information on the framework and an indicative list of Eligible Green Expenditures, visit AOFM's Green Treasury Bonds

Announcements

4 June 2024

  • Joint media release by the Hon Jim Chalmers MP, Treasurer, the Hon Chris Bowen MP, Minister for Climate Change and Energy and the Hon Tanya Plibersek MP, Minister for the Environment and Water – Australia issues inaugural $7 billion green bond

5 December 2023

21 April 2023

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