This project focuses on strengthening the capacity of the Governments of Argentina, Brazil, Chile and Colombia, members of the Group of Friends of Paragraph 47 of the Rio+20 Outcome Document on corporate sustainability reporting, to analyze and use environmental information disclosed in corporate sustainability reports. It contributes to closing the information gap between individual companies’ environmental performance and the private sector’s overall environmental impacts at national level. Consolidating data on corporate performance also enhances governments’ reporting on national progress in achieving the Sustainable Development Goals (SDGs).The project will support governments in the implementation of SDG target 12.6, “Encourage companies, especially large and trans-national companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle”. Specifically, the project aims to: • Enhance the capacity of national governments to design, adopt and implement sustainability reporting guidelines for corporate environmental disclosure; • Build technical capacities of national governments to consolidate and monitor data extracted from corporate sustainability reports to enhance measurement of sustainability performance at national level. Additionally, the project increases governments’ ability to make informed environmental decisions. It will rely on regional collaboration among the four beneficiary governments by providing the opportunity for peer-to-peer sharing of experiences in the national implementation of the project.