Leveraging the broad experience IFC has gained over more than a decade in climate finance, this regional program provides a platform for IFC to engage with Financial Institutions (FIs), regulators and policy makers in LAC. It will help driving FIGs climate business in the region. This regional project will look into various climate business segments in LAC such as energy efficiency, renewable energy, green buildings, and climate-smart agriculture among other areas, including innovative financial solutions such as green bonds, etc.
The project aims to support FIG climate business within the following Components:
i) AS with Financial institutions: Providing capacity building support to local FIs for Green Finance.
ii) Market Awareness Raising: Engaging with banking associations, financial regulators, stock exchanges, and other stakeholders for market awareness raising and policy/standards improvements.
iii) Green finance marketing, communication and knowledge management: Strengthening regional marketing, communication and knowledge sharing IFC Green Finance market experience and knowledge internally, in order to incorporate Climate business throughout IFCs different business lines.
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/