- Global Green Bond Partnership (GGBP) was launched at the Global Climate Action Summit (GCAS). The Global Climate Action Summit 2018 was held in San Francisco, California.
- The founding members of the Global Green Bond Partnership GGBP include the World Bank, IFC – a member of the World Bank Group, Amundi, European Investment Bank, Climate Bonds Initiative, Ceres, ICLEI , Global Covenant of Mayors for Climate & Energy (GCoM) and the Low Emissions Development Strategies Global Partnership (LEDS GP).
- This new partnership will support efforts of sub-national entities such as cities, states, and regions, corporations and private companies, and financial institutions to accelerate the issuance of green bonds.
Points to remember:
- Name of the GGBP and full form
- IFC, World Bank is one of the founding memeber of GBP
- Where was the Global Climate Action Summit 2018 held?