IADB, IDB Invest announce virtual launch of Green Bond Transparency Platform
The Inter-American Development Bank and IDB Invest are to virtually launch the Green Bond Transparency Platform, 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 27 April.
IDB Invest says the 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 and resources by the Swiss State Secretariat for Economic Affairs.