Practical Guide for the Issuance of Thematic Securities

The Practical Guide for the Issuance of Thematic Securities is a document developed by the Ministry of Environment and Natural Resources (MMARN), the Superintendence of the Securities Market (SIMV), the Association of Multiple Banks (ABA) and the Stock Exchange and Securities Market of the Dominican Republic (BVRD) with technical support from the Global Green Growth Institute (GGGI). This guide establishes practical guidelines to facilitate the issuance of green, social and sustainable securities in the Dominican market, aligned with international standards such as the Green Bond Principles (GBP), Social Bond Principles (SBP) and the Sustainability Bond Guidelines (SBG) of ICMA. It provides a detailed roadmap on the steps, regulatory requirements, project evaluation and selection processes, fund management and impact reporting necessary to structure these issuances. The main objective is to mobilize capital towards projects that address environmental and social challenges, supporting the implementation of the Dominican Republic's Nationally Determined Contribution (NDC) and the Sustainable Development Goals (SDGs). The guide also integrates the Green Taxonomy of the Dominican Republic and promotes transparency, credibility and integrity in the country's thematic securities market.