Saudi green/sustainability-linked finance framework
CMA-oversight GSS-SLB framework + Saudi Green Initiative alignment
In forceApplies 2022-01-01Verified 2026-08-22
Scope
Issuers of green/social/Dictionary termSustainabilityThe capacity to maintain valued social, ecological and economic functions over time without depleting the foundations on which they depend or shifting unacceptable costs to others.Read the full definition → and sustainability-linked instruments
Penalties
CMA supervision
Last verified
2026-08-22
In plain language
What this law does
Framework for labelled bonds/sukuks under CMA oversight, contextualised by national targets (Dictionary termNet zeroA state in which anthropogenic greenhouse-gas emissions are balanced by anthropogenic removals over a specified period and within a defined boundary.Read the full definition → 2060; Saudi Green Initiative).
Core obligations
Dictionary termUse of proceedsUse of proceeds describes how funds raised by a bond, loan or financing instrument are allocated to eligible projects, assets or activities.Read the full definition → / SPT disclosure for labelled instruments