BSEC, IMF discuss green bond market development

Star Business Report

The Bangladesh Securities and Exchange Commission (BSEC) met with a visiting International Monetary Fund (IMF) technical assistance mission yesterday to discuss developing Bangladesh’s green and sustainability bond markets as part of efforts to strengthen sustainable finance.

The meeting, held at the BSEC building in Dhaka, was attended by Commissioner Tanwir Habib Rahman and senior BSEC officials. The IMF delegation was led by Suphachol Suphachalasai, team leader of the Climate Policy Diagnostic Technical Assistance Mission, according to a BSEC press release.

Discussions covered progress on a sustainable finance taxonomy, verification processes for bond issuance, impact reporting, external reviews, raising awareness among potential issuers, and identifying investor demand.

The two sides also discussed strengthening the regulatory framework for thematic bonds and agreed to improve coordination between BSEC and the IMF in these areas.

According to the press release, the meeting highlighted the role of the capital market in mobilising long-term financing for sustainable and climate-resilient investments in Bangladesh.

The participants also discussed ways to enhance the capital market’s capacity to channel funds into green investments and strengthen market infrastructure to support sustainable economic growth.