World’s first ever Orange Bond

Investing in Gender Equality.
Investing in an Inclusive, Climate-Resilient Future.

The challenge

Despite significant progress and research, gender inequality has been exacerbated by the COVID-19 pandemic and the climate crisis. Some estimate it will take 130 years to eradicate the global gender gap.

The Orange Bond Principles seek to:

• Build a gender-empowered financing system
• Mobilize new sources of capital for women’s empowerment at scale by providing the tools, training, and knowledge products that enable gender lens investment product development
• Fast-track gender equality and women’s empowerment by using capital in ways that value women and girls as solutions to a more resilient, green future.

The solution

The inaugural US$50mn four-year Women’s Livelihood Bond^TM 5 for Impact Investment Exchange (“IIX”) is the world’s first sustainable debt issued under the Orange Bond Principles which aims to mobilise gender-lens investing under an orange-labelled asset class.

The Orange Bond Initiative^TM will tap into the US$100 trillion bond market to place women at the forefront of capital markets as solutions to achieve the UN’s 17 SDGs and build a more inclusive, climate-resilient future for all.

The Bond’s proceeds will support ~280,000-300,000 women across Asia and Africa to transition to more sustainable, climate-resilient livelihoods.

The client

Impact Investment Exchange is an impact investing pioneer, launching of the US$8.5mn Women’s Livelihood Bond in 2017, the first world’s first gender lens and impact investing listed on a stock exchange.