According to the Bank’s website, the project will provide targeted interventions through four components or four levels to strengthen Environmental, Social and Governance (ESG) enabling environment as well as adoption of good ESG practices by companies and firms: 1) Regulatory Level work to develop updated ESG Code and Sustainability Bond Guidelines for capital markets 2) Market Level to build capacity of market intermediaries for market creation on ESG to provide support and move companies in key priority sectors such as the financial, renewable energy, value-added manufacturing and agribusiness towards sustainability 3) Financial-Institutions Level to improve capacity to implement ESG practices and support banks to upgrade their environmental, social, and climate risk management processes 4) Real sector to improve ESG practices of high-risk real sector clients (non-Financial Institutions). Advisory services on ESG risk management, are aligned to the requirements of the IFC Performance Standards and the Corporate Governance Methodology, the project will support Financial and real-sector companies in addressing climate change through better climate risk management and disclosure.
No contact information provided at the time of disclosure.
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