IFC Promoting Investment through Integrated ESG Standards Program
Contemporary practices and international environmental, social, and governance (ESG) standards are crucial for private sector investments. It is an important segment of the UN Global Agenda 2030.
ESG standards ensure the long-term sustainability of business results and the implementation of UN Sustainable Development Goals (SDGs).
The regional IFC Promoting Investment through Integrated ESG Standards Program, co-financed by the Swiss State Secretariat for Economic Affairs (SECO), deals with the promotion of sustainable investment with the most important effects: improving the efficiency of the financial sector by building long-term sustainable markets that integrate ESG practices and facilitated access for investments by actual sector companies through improved ESG practices and their harmonization with the international standards.
| Strategic Domain | Economic Development and Employment |
|---|---|
| Status | Ongoing |
| Implementers | Internacional Finance Corporation (IFC) |
| Partners | Institutional partners (line ministries) in the participating countries. |
| Projects implemented in | Bosnia and Herzegovina |