Project Description
IFC has signed an Upstream Engagement Letter with Bhutan Power Corporation, aiming to strengthen the company in independently developing its corporate insurance framework, as well as robust plans for cybersecurity and climate change risk management. To facilitate this process, IFC will conduct an initial assessment to identify existing gaps, followed by targeted capacity-building workshops designed to enhance the organization's expertise. Additionally, should both IFC and the company identify further needs, IFC may extend its support to include capacity building in contract management and environmental & social management practices.