March 11

After Green Bonds Come Orange Bonds: IIX Launches Coalition to Develop First Gender-Lens ‘Asset Class’

Singapore-based Impact Investment Exchange (IIX), the creator of the $150m Women’s Livelihood Bonds, has launched the Orange Bond Initiative, a global coalition to create what they call the world’s first gender-lens investing asset class.

The coalition intends to develop a set of criteria and standards equivalent to those used for green bonds, making the gender-lens orange bonds an “asset class” of their own, IIX says.

IIX, an impact investment firm, estimates the orange bonds could unlock $10bn in gender-lens investing by 2030, which would empower 100m women and girls to develop solutions to achieve gender equality and build a more inclusive and resilient world.

The founding signatories of the coalition include organisations from the public and private sectors, including the Australian government’s Department of Foreign Affairs and Trade (DFAT), the United Nations Capital Development Fund (UNCDF) and global asset manager Nuveen.

Photo courtesy UN Women/Fahad Abdullah Kaizer.

Source: Pioneers Post (link opens in a new window)

gender lens, impact investing, women entrepreneurs