The project focuses on supporting Kenyan industry associations and market intermediaries targeting the financial sector (predominantly the banking sector) and Kenyan financial institutions on sustainable finance, ESG and climate risk management and disclosure. It will conduct activities across three components: (1) Guidelines on sustainability and climate disclosure: IFC will support the Kenyan Bankers Association (KBA), a member of the Sustainable Banking and Finance Network, on guidelines to be implemented on voluntary basis by their members. The guidelines will complement KBA’s Sustainable Finance Initiative Principles on E&S risk management as well as the Central Bank of Kenya’s guidance on climate related risk management by focusing on disclosure aspects of sustainability and climate adaptation/mitigation. (2) Build market demand and capacity: IFC will raise awareness on the importance and business case for good ESG risk management practices in the financial sector as well as sustainability and climate reporting. It will also develop a training course on ESG risk management targeted at KBA members and geared at supplementing KBA’s existing e-learning offering. (3) Provide hands on support to individual financial institutions: in-depth and customized advice to IFC potential and existing investees which may include diagnostics/assessments, training, development of ESG policies and guidance on implementation of good ESG practices in alignment with the IFC Performance Standards and Corporate Governance methodology. The focus will be on the governance of sustainability (including corporate governance) and E&S management systems for financial institutions.