The Inter-American Development Bank (IDB) and IDB Invest will virtually launch the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin America and the Caribbean green bond market. The virtual launch will take place on April 27, 2021 from 10:00 a.m. to 11:30 a.m. EST.
This user-friendly platform facilitates harmonized reporting by issuers, verifications and validation by external reviewers, and informed decision-making by investors. By utilizing the online, open access platform, issuers and external reviewers upload relevant data on each bond’s environmental performance and use of proceeds in a standardized and comparable format. All users benefit from unrestricted data access due to donor resources by the German Ministry of Environment’s International Climate Initiative (IKI) and resources by the Swiss State Secretariat for Economic Affairs (SECO).
The online, public good platform supports IDB and IDB Invest’s efforts to scale up the green bond market in the region and helps governments, financial institutions and companies to access the financing they need to tackle climate change and make environmentally sustainable investments. The GBTP has been tested in collaboration with leading standard setters, issuers, external reviewers, underwriting banks, stock exchanges, and emerging market investors.
The go-live event will include opening remarks by the IDB President Mauricio Claver-Carone, Climate Bonds Initiative CEO, Sean Kidney, and a panel discussion with IDB and IDB Invest experts.
The event will be held in English. Simultaneous translation is available in Spanish and Portuguese.
WHAT: Green Bond Transparency Platform Launch Event
WHEN: April 27, 2021 - 10:00 until 11:30 a.m. EST
VIRTUAL REGISTRATION: The event will be accessible to the press and the general public through Zoom. Please access this link to register for the event.
About the IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.
About the IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social and environmental development in the region. With a portfolio of $13.1 billion in asset management and 385 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.