Tapping into the expanding green bond market

Access to low-cost capital at scale is critical for cities in developing countries in order to realize low-carbon and sustainable growth. Reliance on the local banking sector, however, limits financing for new infrastructure projects. The green bond market, with its expanding pool of investors, can offer much needed access to low-cost capital.

The Green Bonds for Cities project provides support for local governments in developing countries to tap into the green bond market via the following tools:

(1) Green Bond Strategy Guidelines: Identification of the prerequisites and processes for local governments to develop a tailored strategy to access the green bond market, along with the additional requirements for issuing green bonds.

(2) Green Bond Toolkit: Ready-to-use tools for local governments include a screening instrument to identify green projects, a pre-feasibility assessment and tools for setting up measurement and reporting mechanisms for green projects.

(3) Training Sessions: Meetings to support potential green bond issuers. The sessions will leverage material from the Green Bond Strategy Guidelines and Green Bond Toolkit, and will be geared towards cities in developing countries.
Please contact us if you are:

• Cities seeking training or tools for green muni bonds
• Investors interested in climate impact assessments of green bonds
• Donors (supporting investors) interested in financing training sessions on green bonds for cities