📈 CSE and EU-Funded Facility Boost Sri Lanka's GSS+ Bond Market
The Colombo Stock Exchange (CSE) has partnered with the European Union-funded Green Recovery Facility (implemented by Expertise France) to accelerate the country's sustainable finance pipeline. The collaboration focused on market-building programs, including training for issuers, investment banks, investors, and independent verifiers. Key Figures & Market Impact • Total Capital Raised: Approximately LKR 82 Bn (around EUR 216 Mn) has been raised collectively since the introduction of the GSS+ bond framework in 2024. • Market Share: This capital represents nearly 40% of the total debt capital raised through the CSE in 2025. • Fund Allocation: Issuances span green, blue, social, sustainability, and sustainability-linked instruments. These finance priority sectors including renewable energy, energy efficiency, water & coastal resilience, and inclusive social infrastructure. Ecosystem & International Recognition • Institutional Alignment: Backed by the Ministry of Finance, Central Bank of Sri Lanka (CBSL), and the Securities and Exchange Commission (SEC) to build regulatory alignment and investor readiness. • Global Milestones: The market's growing credibility was highlighted at the 2026 Environmental Finance Sustainable Debt Awards, where three Sri Lankan banking institutions—DFCC Bank, Bank of Ceylon, and Commercial Bank of Ceylon—received international recognition for innovative GSS+ bond issuances. • Facility Overview: The EU Green Recovery Facility is a EUR 5 Mn initiative launched in 2023 to drive economic resilience and unlock sustainability-aligned investments.