Saudi Arabia · guidance

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