Creating Green Bond Markets : Insights, Innovations, and Tools from Emerging Markets
This report has been developed by IFC and the Climate Bonds Initiative (CBI) on behalf of the Sustainable Banking Network (SBN) Green Bond Working Group. Established in 2012, SBN is a unique community of financial sector regulatory agencies and ban...
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| Language: | English |
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International Finance Corporation, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/596711540800113453/Sustainable-Banking-Network-Creating-Green-Bond-Markets-Insights-Innovations-and-Tools-from-Emerging-Markets http://hdl.handle.net/10986/30940 |
| Summary: | This report has been developed by IFC
and the Climate Bonds Initiative (CBI) on behalf of the
Sustainable Banking Network (SBN) Green Bond Working Group.
Established in 2012, SBN is a unique community of financial
sector regulatory agencies and banking associations from
emerging markets committed to advancing sustainable finance
in line with international good practice. The Network
facilitates the collective learning of members and supports
them in policy development and related initiatives to create
drivers for sustainable finance in their home countries. SBN
now represents 35 countries and over US$43 trillion of bank
assets in emerging markets. Responding to strong interest
from SBN members in the global green bond trend, a Green
Bond Working Group was formed in October 2017 as a Community
of Practice on local green bond market development.
Comprised of SBN member country representatives and
observers from 21 countries and 30 organizations active or
with a strong interest in creating green bond markets, the
Working Group has the following broad objectives: to enhance
collective knowledge and develop technical resources to
support members in developing green bond markets; to support
the integration of environmental, social and governance
(ESG) factors into all stages of green bond issuance and
reporting; and to support SBN members to develop and deepen
green bond markets through awareness raising, capacity
building, and knowledge sharing. The activities of the
Working Group have been divided into two phases: mapping of
the current status and lessons learned from national,
regional and global green bond guidance, standards and
practices; and development of practical technical tools to
support green bond market development. |
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