In 2018, IFC launched the Green Bond Technical Assistance Program (GB-TAP), an IFC-managed and administered program, to create a market for green bonds in developing countries. To achieve this goal, GB-TAP provides technical assistance on green bond issuances and delivers global public goods through a range of activities and initiatives. The program was developed in partnership with the Swiss State Secretariat for Economic Affairs (SECO), the Swedish International Development Cooperation Agency (SIDA), and the Ministry of Finance of Luxembourg.

In March 2018, IFC originated the Amundi Planet Emerging Green One Fund (AP EGO), the largest green bond fund in emerging markets, selecting Amundi Asset Management as a fund manager. The fund will invest more than $2 billion in emerging market green bonds during its investment period, helping generate strong demand for the asset class.

With GB-TAP and the AP EGO Fund, IFC aims to stimulate both demand and supply of green bonds in emerging economies.