The general objective of this Technical Cooperation (TC) is to support the generation of knowledge to integrate bioeconomy into debt capital markets, with the objective to further leverage financing towards bioeconomy-based activities and bio-businesses in the Amazon Region. It will build institutional capacity for potential issuers and lay the foundations for market development of thematic bonds issuances with bioeconomy components in this region. The Project will focus on (i) promoting and developing the market for Amazon labelled thematic bonds, with bioeconomy components, by supporting the development of definitions, methodologies and frameworks related and aligned to these types of businesses, (ii) boosting institutional capacity and building the necessary conditions to ensure the viability of projects with scope and activities aligned with bioeconomy-based activities, products, value chains, and (iii) facilitate access to bioeconomy investments, and mobilize resources for such investments by developing financial innovations in capital markets instruments.
Project Detail
Country
Regional
Project Number
RG-T4365
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
CAPITAL MARKET DEVELOPMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 3,000,000.00
Country Counterpart Financing
USD 500,000.00
Original Amount Approved
USD 2,500,000.00