World Bank Group Sustainable Bond Markets Advisory

This document is an advisory report from the World Bank Group Treasury focused on the development of sustainable bond markets. It outlines the technical assistance provided to emerging markets for creating green, blue, and social bonds that finance projects with positive environmental and social impacts. The report details various support mechanisms, including helping market participants understand the benefits of sustainable bonds, assisting regulators in developing guidelines, and advising policymakers on incentives for local markets. It also describes pre-issuance and post-issuance technical assistance, which includes sharing best practices, developing bond frameworks, and advising on impact reporting. Additionally, the report highlights capacity-building initiatives for institutional investors regarding Environmental, Social, and Governance (ESG) strategies, including workshops and the development of ESG policies. Selected engagements illustrate the World Bank's involvement in establishing green bond standards and regulations across various countries.