The Swiss Federal Council intends to strengthen the Swiss financial center’s position as a leading location for sustainable financial services and adopted a framework for the issuance of green Confederation bonds during its meeting on Aug. 17, 2022. The first bond is scheduled to be issued in autumn 2022.
By issuing green Confederation bonds, it intends to promote the application of international standards on the Swiss capital market and encourage private sector players to issue their own green bonds. The Federal Council made this fundamental decision at the end of 2021. The funds raised with green bonds may be allocated solely to expenditure items that have a positive environmental impact, such as the promotion of public transport, the preservation of biodiversity and the construction of eco-friendly buildings, for example.
The framework adopted by the Federal Council forms the basis for issuing green Confederation bonds in the future. It shows how the bonds will be