- Further to the official launch of the Nigerian Green Bond Market Development Programme (the “Programme”) and given that the need to continuously build capacity among capital markets regulators, key agencies and operators was a key takeaway from the Programme launch, FMDQ OTC Securities Exchange, Climate Bonds Initiative (“CBI”) and Financial Sector Deepening (“FSD”) Africa, have completed the execution of Series 2 regulatory bootcamp/ training. The 2-day training session was held at the Nigerian Capital Markets Institute, Abuja from September 25 – 26, 2018.As a key component of the Programme is to facilitate market education workshops for capital markets operators and regulators, the training focused on the demystification of the concept of Green Bonds and created a platform to facilitate the building blocks required to integrate the principles of green financing into the Nigerian debt capital markets. The workshop was attended by senior representatives from the Securities and Exchange Commission (“SEC”), Office of the Accountant General of the Federation, Central Bank of Nigeria (“CBN”), Federal Ministry of Finance, National Pension Commission (“PenCom”), Federal Ministry of Environment, Debt Management Office (“DMO”), FMDQ OTC Securities Exchange and FSD Africa.
Facilitated by the CBI, the session covered important aspects of green finance such as Introduction to Green Bonds, Green Bond Certification Process, How to Develop a Green Bond Framework, Project Identification Methodologies and the Climate Bond Taxonomy for Sector Criteria.
Presentation
- Training Material (Presentation 8)