The members of the Global Green Bond Partnership (GGBP) will work together to scale green bond issuance primarily by sub-national entities and corporations through targeted technical assistance, capacity building, de-risking, investing, and underwriting support, as well as supporting development of innovative funds and other financial vehicles to mobilize investor capital.
Additionally, the GGBP members intend to work together on the development of a Green Bonds Readiness Framework/Toolkit for potential issuers, designed primarily for sub-national entities and corporations, that will enable them to rapidly assess their readiness to issue green bonds and identify key gaps and barriers to issuance.
The GGBP will also collaborate among its members to advance coordinated provision of technical assistance and capacity building activities across the members respective green bond activities and areas of expertise.
In addition, GGBP members will seek to engage with and provide technical assistance to Signatories of the Green Bond Pledge (GB Pledge) to assist the development process around inaugural green issuance.
"By 2030, the GGBP will achieve citywide energy cost reduction by $700m annually and create roughly 17,800 construction-related jobs over ten years," said Amer.
Having served the City of New York Municipality in various capacities for more than 25 years, Amer will provide an assessment of the GGBP as part of her presentation at the WORLD ecoConstruct Summit later this month.