Proceeds from QTC Green Bonds are notionally allocated against qualifying green projects and assets for the State of Queensland that support Queensland’s pathway to climate resilience and an environmentally sustainable economy. In response to an evolving Green Bond market, QTC’s Green Bond Framework facilitates the issuance of both:
- Climate Bonds Initiative (CBI) certified green bonds, and
- Green Bonds that accord with the International Capital Market Association (ICMA) Green Bond Principles.
Details can be found in the QTC Green Bond Framework. The QTC Green Bond Framework has been developed in line with the Green Bond Principles and is consistent with the Climate Bonds Standard. It has been reviewed by DNV, an independent third party, who has provided an assurance opinion confirming accordance with the ICMA Green Bond Principles.
Eligible Projects and Assets
The net proceeds of both categories of QTC Green Bonds may be notionally allocated to existing, new and ongoing eligible projects and assets that have an environmental benefit associated with the State of Queensland. Eligible project and asset guidelines are set out in the QTC Green Bond Framework.
Allocation of Proceeds
The net proceeds of QTC Green Bonds may be notionally allocated against eligible projects and assets that have an environmental benefit associated with the State of Queensland. This may include proceeds used for partially or wholly financing or re-financing new and existing eligible projects and assets. Details on allocation of proceeds and the eligible projects can be found in the QTC Green Bond Annual Report 2022.
Public material and annual reporting is available on the QTC Green Bond webpage or if you are a client of QTC, log in to QTC Link for more information on QTC’s Green Bond, including frequently asked questions on projects and eligibility.
THIS WEBPAGE IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES. This webpage does not constitute an offer to sell, or the solicitation of an offer to buy, securities in the United States or in any other jurisdiction in which such an offer would be illegal. The QTC Green Bonds have not been, and will not be registered under the U.S. Securities Act of 1933 (the “U.S. Securities Act”) or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the U.S. Securities Act. No public offering is being made in the United States. QTC Link webpage update