📋 Tender Overview
Project Number
609182
Primary Business Area
Other
Disclosure Date
Sep 8, 2025
Country
Ukraine
Region
Europe
IFC Approval Date
Oct 23, 2024
Status
Active
Estimated Total Budget
$3,950,000.00
(Project budget includes all project-funded activities)
Last Updated Date
Project Estimated Start Date
Oct 15, 2024
Project Estimated End Date
Dec 30, 2025
Client Legal Name
NATIONAL BANK OF MOLDOVA,Sense Bank
Project Description
The Program will take a comprehensive, three-pronged approach to strengthening environmental, social, and governance (ESG) practices across firms, markets, and regulatory frameworks in selected countries, with a predominant focus on building capacity at the firm and market levels. By working simultaneously with companies, financial institutions, market intermediaries, and regulators, the Program aims to create lasting improvements in sustainability performance, unlock investment opportunities, and align local practices with international standards. At the firm level, the Program will help companies and financial institutions improve their ESG performance through targeted diagnostics, training, and advisory support through an ESG Accelerator and/or individual engagements, which is expected to result in their improved ESG performance and facilitate IFC financing. At the market level, the Program will build the capacity of local intermediaries—such as consulting companies, training institutions, industry associations, and professional networks—to deliver high-quality ESG advisory services. By embedding knowledge and skills locally, the Program will help ensure that ESG capacity building continues after the Program ends, while also promoting IFC’s thought leadership and supporting gender diversity and inclusion in corporate leadership. At the regulatory level, the Program will collaborate with regulators, including central banks, stock exchanges and capital market authorities, to promote better ESG standards in the market.
