1. Governs the Bank’s portfolio selection by outlining the methodology and procedures to be applied in the classification of BADEA’s financial products as sustainable finance, as well as the applicable environmental and social due diligence requirements and the verification process for sustainable finance.

2. Provides a clear framework for ESG-labelledbond issuances, highlighting the use of proceeds and management of proceeds and outlining annual internal and external reporting principles and requirements.

3. Acts as a broader strategic framework to enhance BADEA’s commitment to support sustainable and inclusive economic growth and to support the transition to a low-carbon economy in SSA, including for the Bank’s ESG Committee.