The objective of this technical assistance is to support financial regulators, supervisors and public financial institutions in the preparation of National Roadmaps of sustainable finance, as well as in the promotion of public-private dialogues for the greening of financial systems in Latin America and the Caribbean. The National Roadmaps aim to encourage strategies to prioritize and implement a series of clear pathways and actions (including financial regulatory instruments and supervisory measures) to incorporate and disclose environmental and climate risks as well as foster the development of financial products that can support the implementation of NDCs and the transition to low carbon economies. Based on the experience and lessons learnt from national roadmaps a regional space for exchange of experiences will be promoted to facilitate a regional dialogue and coordination towards the creation of a coherent sustainable finance market for the region.
Project Detail
Country
Regional
Project Number
RG-T3644
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
ENVIRONMENT AND NATURAL DISASTERS
Subsector
CLIMATE CHANGE FINANCING
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental Classification
Likely to cause minimal or no negative environmental and associated social impacts
Total Cost
USD 400,000.00
Country Counterpart Financing
USD 0.00
Original Amount Approved
USD 400,000.00