The Green Bond Transparency Platform (GBTP) is an initiative developed by the Inter-American-Development Bank (IDB) to promote transparency in the green bond market in Latin America and the Caribbean (LAC). The platform is a free and public tool that supports the harmonization and standardization of green bond reporting and facilitates granular, credible and comparable data for evidence-based decisions.
The GBTP aims to provide a benchmark for best practice disclosure and support to all market actors:
The GBTP Goes Global. In September 2023 a Joint Declaration put forth the shared vision of the endorsing Multilateral and Bilateral Development Institutions for the global enhancement of accountability and transparency in the developing and emerging green and sustainable bond market.
The initiative is led by the Inter-American Development Bank (IDB), together with Multilateral and Bilateral Development Institutions. Through their cooperation, they aim to increase transparency, improve data quality and the application of best practice standards in the green and sustainable bond market, and work collaboratively on the globalization of the Green Bond Transparency Platform (GBTP), a platform developed to facilitate transparent and harmonized reporting.
What are certifying entities saying about us?
"We are proud to work with the IDB on the development of its Green Bond Transparency Platform. The GBTP contributes to the dissemination of best practices within the green bond market, at this important time when governments and other institutions focus on the green transition. It will greatly support the standardisation and harmonisation of green bond disclosure, especially around post-issuance reporting - this is valuable to a range of stakeholders, including investors."
Sean Kidney, CEO of Climate Bonds Initiative
What are asset managers saying about us?
“Colchester Global Investors is proud to have collaborated with IDB on the Green Bond Transparency Platform as a sovereign only asset manager. The timing of this Platform is particularly relevant as the COVID-19 fallout has negatively impacted the balance sheets of every country. Sovereigns along with the private sector are focusing on innovative green and sustainable solutions for building more robust and lower carbon economies. The Green Bond Transparency Platform with freely available, comparable, transparent and standardized data will help to further mobilize sustainable investments.”
Claudia Gollmeier, Managing Director, Colchester Global Investors
What are our international partners saying about us?
“As a green bond investor, we welcome IDB’s initiative which addresses a key component for the further development of the young green bond market, namely the availability of comparable data on the underlying projects and their impact; by this, contributing to transparency and trust in this innovative instrument.”
Johannes Scholl, Chairperson, Board of Directors, Latin American Green Bond Fund,
an initiative of KfW on behalf of the German Government and the EU Commission.
“The Green Bond Transparency Platform for Latin America is a great initiative to enhance transparency, comparability and accessibility of green finance data to investors. It has been a rewarding experience to support its inception. We will use the platform and we encourage all our partners in the region to do this as well.”
Claudia Arce, Director Latin America and the Caribbean, KfW
What are data platform innovators and partners saying about us?
“In order to expand the Nasdaq Sustainable Bond Network into a global platform for increasing transparency on the sustainable bond market, collaboration with strong local partners such as the IDB is crucial. Through our partnership, we are able to provide high-quality data to benefit the public good through the GBTP, while also providing the Nasdaq Sustainable Bond Network with coverage of the expanding Latin American sustainable bond market.”
Ann-Charlotte Eliasson, Head of the Sustainable Bond Network at Nasdaq.
“The Luxembourg Stock Exchange is proud to support the work of IDB in Latin American and Caribbean markets and we celebrate its Green Bond Transparency Platform. Access to transparent, reliable and meaningful data is key to ensure the growth of the green bond market throughout the world. Through our collaboration, IDB and LuxSE have contributed to avoiding market fragmentation and making sustainability data comparable at an international level. We will continue to work jointly on harmonization of sustainability data to facilitate transparency with green bond issuers in Latin America and the Caribbean.”
Julie Becker, CEO of LuxSE and Founder of LGX.
What are external reviewers saying about us?
"The GBTP will enhance availability and comparability of reviews and the underlying impact data, benefiting not only investors in executing their impact mandates, but most and foremost, our needed green transition. Issuers in local Latin America and the Caribbean currencies will also gain more exposure to international investors. NINT intends to have 100% of its reviews and verifications in the platform.”
Gustavo Pimentel, CEO of NINT- Natural Intelligence