Regulatory Alerts2021-05-05
IFC and Ghana’s Securities Exchange Commission to Develop Green Bonds Market
The International Finance Corporation (IFC) and Ghana’s Securities and Exchange Commission (SEC) have announced a partnership to develop comprehensive guidelines and a reference framework for issuing green bonds in Ghana. This regulatory framework will enable investors to finance climate-friendly infrastructure, including renewable energy, clean transportation, and sustainable water management, while supporting the nation’s Paris Agreement commitments. The initiative is driven by IFC’s Green Bond Market Development Program and receives financial support from the Swiss, Swedish, and Luxembourg governments to catalyze private sector investment in Africa’s transition to a lower-carbon economy.
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