In 2015, the United Nations adopted the 2030 Agenda for Sustainable Development, including the Sustainable Development Goals (SDGs), which is a compass for aligning efforts to realize sustainable development by 2030.
JICA, as the sole agency implementing Official Development Assistance (ODA) of the Government of Japan, has supported projects in developing countries to address challenges to the SDGs. See how JICA is making impacts around the world here.
In August 2019, JICA signed the Operating Principles for Impact Management introduced by International Finance Corporation (IFC). Impact Investing can be defined as investments made into companies or organizations with the intent to contribute to measurable positive social or environmental impact, alongside financial returns. The Principles provide a framework for investors to ensure that impact considerations are purposefully integrated throughout the investment life cycle. JICA has become the first Japanese signatory to the Principles.
JICA bonds are issued in accordance with the below framework:
Use of Proceeds
The proceeds from issuing JICA bonds are:
The project selection is:
Management of Proceeds
The proceeds are:
Project Evaluation & Reporting
The funded projects are: