DFCC Bank PLC has been recognised at the Environmental Finance Sustainable Debt Awards 2026, winning the Innovation – Use of Proceeds (Green Bond) category for its DFCC Blue Bond 2025, Sri Lanka’s first listed blue bond.
The award places a Sri Lankan capital market transaction on the global stage, recognising an innovative financing approach that channels funds towards water and marine-related priorities through a structured framework with clearly measurable environmental outcomes.
Issued in November 2025, the DFCC Blue Bond raised LKR 3 billion (approximately US$10 million), expanding green bond principles into the blue economy. The instrument was listed on the Colombo Stock Exchange, alongside international listings on NSE IX at GIFT City, India INX, and the Luxembourg Stock Exchange’s Luxembourg Green Exchange.
Proceeds from the bond are allocated across key impact areas, including marine pollution prevention, ecosystem conservation, coastal climate adaptation, sustainable fisheries and aquaculture, clean water infrastructure, marine renewable energy, and low-carbon transport. The framework is designed to track measurable outcomes such as emissions reduced, wastewater treated, ecosystems restored, and improved access to clean water.
The transaction marks a significant milestone not only in introducing a new asset class to Sri Lanka’s capital markets, but also in addressing a long-standing financing gap in blue economy sectors. As an island nation, Sri Lanka’s environmental and economic resilience is closely linked to its coastal and marine ecosystems, yet investment in these areas has traditionally been limited.
Commenting on the recognition, Thimal Perera stated that the DFCC Blue Bond reflects the Bank’s commitment to moving beyond traditional financing and shaping capital flows towards areas critical for Sri Lanka’s future. He noted that investment in water, coastal, and marine ecosystems is fundamental to long-term sustainability and growth for an island economy. He further added that as Sri Lanka’s first listed blue bond with both domestic and international listings, the instrument was designed to establish a credible and scalable framework for the market, and that the recognition reinforces the importance of disciplined and transparent financing in setting new benchmarks for emerging economies.