Responding to COVID-19: Sharing relevant resources from international organizations
World Bank Group and COVID-19 News Room: https://www.worldbank.org/en/who-we-are/news/coronavirus-covid19
IFC and COVID-19 News Room: https://www.ifc.org/wps/wcm/connect/news_ext_content/ifc_external_corporate_site/news+and+events/covid-19
IMF and COVID-19 News Room: https://www.imf.org/en/Topics/imf-and-covid19
IFC, EBRD, and the CDC Group (UK’s development finance institution) launched a new good practice note: Addressing Gender-Based Violence and Harassment Risks (GBVH), with three sector-level briefs for the public transport, manufacturing and construction sectors. Furthermore, IFC issued a new COVID-19 gender-based violence specific guidance document.
On July 1st, World Trade Organization (WTO), International Finance Corporation (IFC, World Bank Group), European Bank for Reconstruction and Development (EBRD), Asian Development Bank (ADB), African Development Bank Group (AfDB), Islamic Trade Finance Corporation (ITFC, part of the Islamic Development Bank Group), and the InterAmerican Development Corporation (IDB Invest, part of the Inter-American Development Bank Group) released a Joint Statement on Supporting Trade Finance during the COVID-19 Crisis.
The Kenya Bankers Association shared their comprehensive pandemic response as an SBN Case Study. Actions include policy interventions, a research study, a phased crisis response plan, awareness raising, capacity building, and other stakeholder engagement activities.
IFC has published Interim Advice on Safe Stakeholder Engagement in the Context of COVID-19 to assist IFC clients in identifying alternative approaches and mechanisms for engaging stakeholders.
Other tip sheets:
IFC and EBRD published Interim Advice on Migrant Workers and COVID-19 to provide guidance for IFC and EBRD clients on how to respond to the particular challenges experienced by migrant workers during the COVID-19 outbreak.
World Bank and IFC approved a $14 billion package of fast-track financing to assist countries responding to the rapid spread of COVID-19, and are prepared to deploy up to $160 billion over the next 15 months to support COVID-19 measures that will help countries respond to immediate health consequences of the pandemic and bolster economic recovery.
International Capital Market Association (ICMA) extended the coverage of existing guidance for Social and Sustainability Bonds to be applicable to efforts addressing the COVID-19 crisis.
IFC Green Banking Academy is offering free online training in climate finance and related topics, as well as online customized climate finance advisory services to banks in Latin America region.
IOSCO published its report on Sustainable Finance and the Role of Securities Regulators and IOSCO, which seeks to help market participants address issues related to sustainability and climate change.
UNEP launched the report of Implications of the COVID-19 Pandemic for Global Sustainable Finance
CBI’s ASEAN Green Finance State of the Market 2019 report is an analysis of the issuance of green bonds and green loans in Southeast Asia.