Côte d’Ivoire has completed its first sustainability-linked loan worth €433 million. The deal was arranged by Standard Chartered Bank and backed by guarantees from the World Bank’s IBRD and MIGA.
It follows the country’s launch of a sustainability-linked financing framework in July 2025. The framework focuses on renewable energy expansion and forest protection as key national goals. Loan interest rates will adjust depending on Côte d’Ivoire’s performance against set green targets.
The agreement makes Côte d’Ivoire the first African nation to adopt such a financing model. It also marks the first use of a dual IBRD-MIGA guarantee under a first-loss/second-loss structure. The facility was signed on August 15 and funds were released on August 27, 2025.
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