PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602540

Primary Business Area

Financial Institutions Group

Disclosure Date

Jul 16, 2020

Country

World Region

Region

Global

IFC Approval Date

Mar 1, 2019

Status

Active

Last Updated Date

Sep 19, 2020

Project Estimated Start Date

Oct 1, 2018

Project Estimated End Date

Jun 30, 2025

Project Description

This project is part of IFC Green Bond Technical Assistance Program or the GB-TAP, a multi-donor funded technical assistance program that aims to create markets for green bonds in the emerging markets by addressing a key market barrier that currently exist between investors, mostly in developed markets, and issuers in developing countries, the latter of which often suffer from a lack of financing for their transition to the low carbon economy. Under this project, IFC creates green bond-related global public goods through training, initiatives to enhance quality of information disclosure from green bond issuers to investors and broader communication activities to share knowledge, promote green bonds and disseminate the Green Bond Principles. This project is divided into the 4 following components: Component 1 - Training: to create, disseminate and provide green bond training programs to issuer financial institutions active in the emerging markets and, potentially, other key stakeholders; Component 2 - Green Bond Principles Dissemination: to promote and foster good standards of green bonds in line with the Green Bond Principles; Component 3 - Enhancing Issuer Reporting: to improve quality of information disclosure from green bond issuers to investors; and Component 4 - Knowledge Sharing: to organize a series of knowledge sharing events and to develop research and case studies.

Development Results

E&S Risks / Impacts and Mitigation