April 9, 2020
The International Finance Corporation (IFC) said on Tuesday that is signed an agreement with the Dominican Republic's securities regulator SIMV to draft green bond guidelines in the country.
The IFC will draft a list of of the types of projects that qualify for green bond financing and help SIMV create an "ecosystem" for green bonds in the Dominican Republic, it said in a press release.
"It is expected that all of these efforts will translate into regulatory and supervisory actions," the IFC sai
Multilateral lender bases the criteria on best practices from the EU