Project Description
The project seeks to address the lack of comparable, robust, public, and credible Environmental, Social, and Governance (ESG)/Sustainability and climate-related corporate disclosures in Emerging Markets and Developing Economies (EMDEs) and align with the new ISSB IFRS Sustainability and Climate Disclosure Standards and the European Sustainability Reporting Standards that came into effect from January 2024. Private sector investment in EMDEs is critical to achieving the United Nations Sustainable Development Goals (SDGs) and the World Bank Group's mission to end extreme poverty and boost shared prosperity on a livable planet. The project will intervene at regulatory, market, and firm levels.