Sustainability Bond Programme

Established in 2018, the NSW Sustainability Bond Programme (SBP) provides investors with the opportunity to be part of a more sustainable future by helping to (re)finance government projects that support positive and transparent social and environmental outcomes for the community. It also supports Australia’s ongoing commitment to meeting the United Nations Sustainable Development Goals (UN SDGs).

Under the SBP, the NSW Government can issue green, social, and sustainability (GSS) bonds. Unlike the NSW Government’s regular bonds, which finance government's general-purpose expenditure, the GSS bond proceeds are allocated to eligible projects, and the performance of those projects is reported on annually to investors.

OSII delivers the SBP in partnership with NSW Treasury Corporation (TCorp) and the Department of Climate Change, Energy, the Environment and Water (DCCEEW). 

OSII’s role in the SBP reflects our expertise in outcome measurement and reporting that support evidence-based decision-making. OSII leads in two main areas – the evaluation and selection of projects that meet the SBP eligibility criteria, and the annual reporting.