Project Description
The project has an overall objective to foster green finance in Lao PDR by creating an enabling regulatory and policy environment for FIs to transition to green lending and for private sector to mobilize capital for green investment.
The project will achieve the objective by developing a national green finance taxonomy aligned with the ASEAN taxonomy and international good practices; developing relevant guidelines on green lending and ESG risk reporting and disclosure for FIs; and developing policy framework and standards for thematic bond issuances in line with the regional and international standards.