Mauritius: the State will issue a social bond of 1 billion USD to boost the production of clean energy




© FAR

The Mauritian government plans to issue a social bond of 1 billion USD to finance producers of renewable energies, but also the transition to greener transport, announced at the end of last week the Minister of Finance, Renganaden Padayachy. The minister also disclosed that the country will put in place a social, green and blue bond regulatory framework by the end of the year. The government, he underlines, through this initiative, seeks above all to limit the use of heavy oil and coal for the production of electricity. For several years, Mauritius has been trying to adopt strategies aimed at developing the economy