Meeting of the OECD DAC Community of Practice on Private Finance for Sustainable Development (CoP-PF4SD) on the Opportunities for Green, social and sustainability (GSS) bonds in developing countries – SAVE THE DATE & Zoom Registration Link

9 September 2021 | 1:30 – 3:00 PM (CET)

Dear Colleagues,

Please save the date for a virtual meeting of the DAC Community of Practice on Private Finance for Sustainable Development (CoP-PF4SD), to hold an interactive discussion on how to scale up the issuance of green, social and sustainability (GSS) bonds in developing countries, scheduled for Thursday 9 September 2021, from 1:30 to 3:00pm (Paris time).

Although traditional financing approaches such as multilateral support in the form of concessional loans will continue to contribute to fill climate and SDG financing gaps in developing economies, developing countries will need to find new ways of accessing the significant global pool of private capital to bridge the increasing SDG financing gaps. This is where the nascent, but fast-growing green, social and sustainability (GSS) bond market can play an important role in developing economies, as the bond market is a longer-term, lower-risk asset class that matches the profile of SDG activities and has enough scale.

Green, social and sustainability bonds (GSS) have gained traction over the past few years across developed markets but the size of this market remains limited in developing countries, despite its potential to provide additional sources of long-term financing for SDG related projects.  As a result, there is a potential to scale up this market by supporting issuances from sovereign and corporate issuers in developing countries, through both the use of bonds proceeds and sustainability-linked bonds (SLBs) and ultimately build robust local capital markets.

The OECD Private finance for sustainable development team has closely worked with Cassa Depositi e Prestiti (CDP) on ways to scale up the issuances of green, social and sustainability bonds in developing countries, and produced a stock take report on the topic. This work contributes to the work undertaken by the G20 on innovative financial instruments as part of its Development working group.

In this meeting of the CoP-PF4SD, the OECD will present the results of the stock take report. This meeting will also provide an opportunity to engage in an open discussion with presenters, experts and participants. The meeting will allow the CoP-PF4SD to discuss further this topics and build on the stock take report in taking forward the policy work on the use of bonds in delivering the SDGs and mobilising investors.

We hope you will be able to join us, the Zoom registration link is below. Please let us know if you would like to share a question, relevant project, report or theme in advance of the meeting – this will be highly appreciated.

An agenda and further information will be shared prior to the meeting. Please feel free to contact us at [email protected] with any inquiries.

Best regards,

The CoP-PF4SD Co-Chairs

Ylva Lindberg, Norfund

Grazia Sgarra, Italian Agency for Development Cooperation (AICS)

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REGISTRATION:

Meeting via Zoom: please register in advance here

Some useful information:

o       A headset with microphone is recommended or an audio system with echo canceler

o       A wired internet  connection is recommended

o       Please mute your microphone throughout the meeting, except when you wish to take the floor and speak

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