The way the lesson was formulated in the TCR could be improved (it is stated more like an issue rather than lesson learned). But lessons can be inferred that addressing reputational risk and additional costs for meeting green bonds requirements, ensuring a certain level of market maturity, and establishing clear regulations by market regulators are necessary conditions to the successful attainment of the TA objectives.
Project Name
Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Project Number
50057-001
Report Date
Report Source
Technical assistance completion reports validation
Country
Sector
Topics