Latest News – September 13: SBFN hosts its 8th Global Meeting in Rio de Janeiro, Brazil

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*New* SBFN Data Portal

The new SBFN Data portal is the most comprehensive database of sustainable finance initiatives in emerging markets and developing economies, enabling regular and consistent monitoring and benchmarking across countries, regions, and indicators.

2024 SBFN Global Progress Brief

The 2024 SBFN Global Progress Brief, offers a comprehensive benchmarking of sustainable finance trends and innovations across 66 member countries covering three pillars of sustainable finance: Environmental, Social, and Governance (ESG) Integration, Climate and Nature-Related Risk Management, and Financing Sustainability.

*New* SBFN Data Portal

The new SBFN Data portal is the most comprehensive database of sustainable finance initiatives in emerging markets and developing economies, enabling regular and consistent monitoring and benchmarking across countries, regions, and indicators.

2024 SBFN Global Progress Brief

The 2024 SBFN Global Progress Brief, offers a comprehensive benchmarking of sustainable finance trends and innovations across 66 member countries covering three pillars of sustainable finance: Environmental, Social, and Governance (ESG) Integration, Climate and Nature-Related Risk Management, and Financing Sustainability.

Featured SBFN Member Stories

Watch our members share inspiring insights with the SBFN community on their sustainable finance journey, their key achievements, as well as their vision for the future of the network and sustainable finance in their countries, regions, and globally.

In the latest testimony, Mr Koba Gvenetadze, the outgoing Governor of the National Bank of Georgia shares his organization’s journey in transforming ideas into measurable outcomes, guided by the sustainable finance roadmap and in partnership with SBFN and IFC.

Member Spotlight Videos
1/7 videos
1
Mr Koba Gvenetadze, Outgoing Governor, <strong>National Bank of Georgia.</strong>
Mr Koba Gvenetadze, Outgoing Governor, National Bank of Georgia.
02:51
2
Mr Habil Olaka, CEO, <strong>Kenya Bankers Association (KBA).</strong>
Mr Habil Olaka, CEO, Kenya Bankers Association (KBA).
04:19
3
Mr Pham Thanh Ha, Deputy Governor, <strong>State Bank of Viet Nam</strong>
Mr Pham Thanh Ha, Deputy Governor, State Bank of Viet Nam
03:17
4
Mr Juan Carlos Jiménez, General Director, <strong>Mexican Banking Association (ABM)</strong>
Mr Juan Carlos Jiménez, General Director, Mexican Banking Association (ABM)
03:49
5
Ms Rocío Aguilar Montoya, Superintendent, <strong>General Superintendency of Financial Institutions of Costa Rica (SUGEF)</strong>
Ms Rocío Aguilar Montoya, Superintendent, General Superintendency of Financial Institutions of Costa Rica (SUGEF)
04:17
6
Ms W A Dilrukshini, Director, Macroprudential Surveillance Department, <strong>Central Bank of Sri Lanka (CBSL)</strong>
Ms W A Dilrukshini, Director, Macroprudential Surveillance Department, Central Bank of Sri Lanka (CBSL)
03:42
7
Ms Elsie Addo Awadzi, Second Deputy Governor, <strong>Bank of Ghana.</strong>
Ms Elsie Addo Awadzi, Second Deputy Governor, Bank of Ghana.
04:45

*New* IFC Partners with the IFRS Foundation

IFC, a host of the Sustainable Banking and Finance Network (SBFN) Secretariat, and the IFRS Foundation have officially partnered to strengthen sustainable capital markets by improving sustainability and climate reporting.

*New* SBFN Toolkit on Sustainable Finance Taxonomies

The SBFN Toolkit on Sustainable Finance Taxonomies aims to support financial sector regulators, banking associations, and interested users in emerging markets as they navigate the complexities of developing or updating taxonomies.

The toolkit provides:

  1. Practical findings and examples from SBFN members that have implemented taxonomies.
  2. Emerging common elements of taxonomies.
  3. Guidance on the steps that countries can follow to strengthen the governance, design, and implementation of their taxonomies.
  4. Ideas on ‘levels of interoperability‘ to facilitate discussion moving forward.
  5. High-level profiles for 12 SBFN countries and 3 regions.

This toolkit will continue to evolve as new knowledge and solutions become available.

The Sustainable Banking and Finance Network (SBFN) is a platform for knowledge sharing and capacity building on sustainable finance for financial sector regulators and industry associations across emerging markets.

Facilitated by IFC as secretariat, and supported by the World Bank Group, SBFN helps mobilize information, resources, and practical support for members to design and implement national initiatives that advance sustainable finance at national, regional, and global levels.

Members are committed to moving their financial sectors towards sustainability, with the twin goals to:

Improve the management of environmental, social, and governance (ESG) risks – including climate risks – across the financial sector.

Increase capital flows to activities with positive environmental and social impacts, including climate change mitigation and adaptation.

cambodia agriculture 1793403 1920
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Member
Countries

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Member
Institutions

$0Tn

Banking Assets
Supervised

SBFN 2021 Global Progress Report and Country Reports

and

Evidence of Policy Innovations and Market Actions for Sustainable Finance across 62 Emerging Markets

What's New

SBFN Unveils Key Initiatives for Advancing Sustainable Finance in Emerging Markets

The IFC-facilitated Sustainable Banking and Finance Network (SBFN) concluded its 8th Global Meeting on September 11-12, 2024, in Rio de Janeiro, alongside the G20 Sustainable Finance Working Group (SFWG) meeting, marking a significant milestone in the global effort to align sustainable finance frameworks and elevate the voice of emerging markets on the international stage.

Read More »

Bangladesh Securities and Exchange Commission Joins SBFN to Strengthen Sustainable Finance Efforts

BSEC, established in 1993 as the regulatory authority overseeing Bangladesh’s capital market, continues to ensure the protection of investors and maintain transparent and efficient securities markets. Through this collaboration, BSEC is taking further strides to integrate sustainable finance into the country’s development agenda, aligning with the United Nations Sustainable Development Goals (SDGs).

Read More »

Securities and Exchange Regulator of Cambodia Joins SBFN

SERC plays a crucial role in regulating, supervising, and developing Cambodia’s securities sector. It has been at the forefront of promoting sustainable finance within Cambodia and the broader ASEAN region, working closely with development partners to issue guidelines and promote the issuance of sustainable bonds. To diversify the sustainable bond products, SERC is also working on developing the sustainability-linked bond guideline.

Read More »

Member-led Research

2024

Global Progress
Brief

2021

Global Progress
Report

2020

Necessary
Ambition

The Sustainable Banking and Finance Network

Evidence of Policy Innovations and
Market Actions across 62 Emerging Markets.

The Sustainable Banking and Finance Network (SBFN) is a platform for knowledge sharing and capacity building on sustainable finance for financial sector regulators and industry associations across emerging markets.

Facilitated by IFC as secretariat, and supported by the World Bank Group, SBFN helps mobilize information, resources, and practical support for members to design and implement national initiatives that advance sustainable finance at national, regional, and global levels.

cambodia agriculture 1793403 1920
0

Member
Countries

0

Member
Institutions

$0Tn

Banking Assets
Supervised

What's New

SBFN Unveils Key Initiatives for Advancing Sustainable Finance in Emerging Markets

The IFC-facilitated Sustainable Banking and Finance Network (SBFN) concluded its 8th Global Meeting on September 11-12, 2024, in Rio de Janeiro, alongside the G20 Sustainable Finance Working Group (SFWG) meeting, marking a significant milestone in the global effort to align sustainable finance frameworks and elevate the voice of emerging markets on the international stage.

Read More »

Bangladesh Securities and Exchange Commission Joins SBFN to Strengthen Sustainable Finance Efforts

BSEC, established in 1993 as the regulatory authority overseeing Bangladesh’s capital market, continues to ensure the protection of investors and maintain transparent and efficient securities markets. Through this collaboration, BSEC is taking further strides to integrate sustainable finance into the country’s development agenda, aligning with the United Nations Sustainable Development Goals (SDGs).

Read More »

Securities and Exchange Regulator of Cambodia Joins SBFN

SERC plays a crucial role in regulating, supervising, and developing Cambodia’s securities sector. It has been at the forefront of promoting sustainable finance within Cambodia and the broader ASEAN region, working closely with development partners to issue guidelines and promote the issuance of sustainable bonds. To diversify the sustainable bond products, SERC is also working on developing the sustainability-linked bond guideline.

Read More »

Members

global meetings 2015 peru group photpgraph

80 financial sector regulators and industry associations from 63 countries in emerging markets

Member-led Research

2021

Global Progress report

2020

Necessary Ambition

2018

Green Bonds Market Report