Togo started a four-day intensive training on green bonds in Lomé on June 10. The government runs the program with help from the United Nations Development Programme (UNDP).
The training teaches officials how to design sustainable financial tools that fit Togo’s ESG standards.
Togo plans to shift to a low-carbon economy. It wants to raise long-term funds to back climate resilience projects. Green bonds will help by raising money solely for eco-friendly projects. These bonds give Togo a strong, competitive edge in global markets.
For UNDP’s Binta Sanneh, this tool boosts Togo’s appeal and strengthens its environmental reputation.
This article was initially published in French by Ayi Renaud Dossavi
Edited in English by Ange Jason Quenum