Just a year after its launch, the Green Bond Transparency Platform (GBTP) has become the key reporting tool for issuers in the Latin America and the Caribbean green bond market, covering 73 percent of the region’s market, or a total of $26.8 billion. The platform also won the “Initiative of the Year – Green Bond 2022” award by Environmental-Finance.com, an online news and analysis service focused on sustainable finance.

The GBTP, launched in April 2021, is an innovative solution developed by the Inter-American Development Bank (IDB) and IDB Invest that promotes the harmonization and standardization of green bond reporting to increase investors’ confidence in the green bond market and facilitate green investments in the region.