Covid-19 Coronavirus Terms and Conditions Help Privacy Home About The Government Departments The Treasury Sustainable Finance About The Government Freedom of Information Existing Access to Government Information Government Departments Cabinet Office Education, Sport and Culture Enterprise Environment, Food and Agriculture Health and Social Care Home Affairs Infrastructure The Treasury Treasury Minister and Members Department Structure and Functions Audit Advisory Division Budget Customs and Excise Division Financial Governance Division Financial Advisory Service Income Tax Division Privacy Notice Social Security Division Dormant Assets Financial Support for Businesses - Coronavirus (COVID-19) Procurement Policy Review Manx Development Corporation Sustainable Finance Statutory Boards Offices Data protection & GDPR on the Isle of Man Equality Council of Ministers Sustainable Finance About the Sustainable Financing Framework Isle of Man Treasury has recently published its Sustainable Financing Framework which describes how the Isle of Man Government plans to finance expenditure through the issuance of Green, Social or Sustainability financing instruments that will be critical in addressing climate change and ambitions to deliver the Sustainable development Goals (SDGs) of the United Nations Agenda 2030. The Sustainable Financing Framework sets out the basis for identifying, selecting, verifying and reporting on projects that will be eligible for financing from the proceeds of the financing instruments. The Isle of Man places much emphasis on green, social and sustainability considerations, which is evident through many aspects of living, working and doing business within the Island. In 2016, the entire nation was designated as a UNESCO Biosphere, in recognition of its special environment, culture, heritage and economy. Nature plays a central role in the lives of those who live in the Isle of Man, and the Isle of Man Government has committed to transitioning to net-zero emissions by 2050, in line with the United Nations’ Intergovernmental Panel on Climate Change report and the Paris Climate Accord. The establishment of this Sustainable Financing Framework allows the Isle of Man Government to fund its investments and schemes with environmentally and socially impactful, and transparent, debt instruments. The Isle of Man Treasury intends to allocate the proceeds raised from any Green, Social or Sustainability financing instrument issue, to finance and/or refinance, expenditures that meet the environmental and social criteria set out in the Sustainable Financing Framework. The framework also sets out exclusions for expenditure, in line with green and social objectives. Second Party Opinion Isle of Man Treasury has appointed Sustainalytics to provide an external review on the Sustainable Financing Framework. Sustainalytics has reviewed the Sustainable Financing Framework and concluded that the Framework is credible, impactful and aligns with the IMCS, GBP, SBP, SLP, and GLP. Share and Bookmark Downloadable Documents IOM Treasury Sustainable Financing Framework Second party opinion (Sustainalytics) IOM Treasury Sustainable Financing Framework A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Social Media Hub Site Map Switch to Mobile © 2021 Crown Copyright| OGL All content is available under theOpen Government Licence,except where otherwise stated