PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604483

Primary Business Area

Financial Institutions Group

Disclosure Date

Apr 28, 2021

Country

Ukraine

Region

Europe

IFC Approval Date

Nov 24, 2020

Status

Completed

Estimated Total Budget

$831,674.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

Nov 15, 2020

Project Estimated End Date

Dec 31, 2023

Project Description

The overall objective of the Project is to improve the framework for climate finance that will allow for a more effective and sustainable financing mechanism for financial intermediaries to lend for sustainable energy solutions and provide a common understanding of eligibility criteria adherence to carbon/agriculture/green standards. The Project will focus on developing and implementing Climate Smart Agriculture Standards in Ukraine for the eligibility to Green Bonds and other carbon related financing through the following two objectives: 1) developing climate smart standards enabling environment; 2) increasing climate-smart agriculture capacity amongst financial intermediaries and the agri-SMEs by facilitating workshops and training for sector stakeholders.

Development Results

E&S Risks / Impacts and Mitigation