PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607267

Primary Business Area

Environment, Social and Governance

Disclosure Date

Feb 21, 2023

Country

Ethiopia

Region

Africa

IFC Approval Date

Jan 17, 2023

Status

Completed

Estimated Total Budget

$425,999.00
(Project budget includes all project-funded activities)

Last Updated Date

Jan 29, 2026

Project Estimated Start Date

Nov 21, 2022

Project Estimated End Date

Jun 30, 2025

Project Description

The program is designed to address the key regulatory and market constraints for the uptake of sound ESG standards by banks (i.e. lack of capacity and knowledge, banking sector specific ESG guidelines and market level support and training). The level of ESG capacity is nascent and the focus of the program is on developing a basic market level understanding of ESG and developing ESG guidelines. Full market level adoption of ESG risk management is not expected within the life the project. The program’s components are: Component 1 Regulatory Level: ESG Guideline Development Component 2 Market Level: Sector-wide and consultant training Component 3 Firm Level: ESG support to IFC pre-pipeline, pipeline, upstream and clients

Development Results

E&S Risks / Impacts and Mitigation