“We need to see people cracking open this market like IFC did in 2013,” declared Sean Kidney, CEO of the Climate Bonds Initiative (CBI). He was referring to IFC’s issuance of two $1 billion green bonds as he set the scene for announcing CBI’s 'Green Bond Development Bank of 2018' award to IFC at a ceremony on March 5, 2019. IFC was recognized for its trailblazing work as issuer, investor and technical advisor. IFC was also recognized for its partnership with Amundi in creating the Amundi Planet Emerging Green One Fund. This is focused on green bonds in emerging markets and is the largest green bond fund in the world.