The Central Bank of Azerbaijan Publishes First Sustainable Finance Roadmap
The Central Bank of Azerbaijan (CBAR), a Sustainable Banking and Finance Network (SBFN) member since 2022, published the country’s first Sustainable Finance Roadmap in February 2023.
The Roadmap sets out the country’s ambition for sustainable finance for the period 2023-2026 and aims to ensure both sustainability of the financial sector to the environmental, social and governance (ESG) risks and the realization of green finance opportunities.
Securities and Exchange Commission of Zambia joins SBFN
The Sustainable Banking and Finance Network (SBFN) welcomes the Securities and Exchange Commission of Zambia (SEC) as its newest member.
SEC is the regulator of the capital markets in Zambia and was established in 1993 through an Act of parliament. The SEC is responsible for the supervision and development of the Zambian Capital Markets, as well as licensing, registration and authorization for financial intermediaries, issuers of debt and equity instruments and collective investment schemes.
Mexico’s Ministry of Finance Publishes Sustainable Finance Taxonomy
Mexico’s Ministry of Finance unveiled its Sustainable Taxonomy, a financial public policy tool that seeks to encourage investment in economic activities that protect the environment and reduce social and gender gaps.
Union of Banks of Armenia joins SBFN
The Sustainable Banking and Finance Network (SBFN) welcomes the Union of Banks of Armenia (UBA) as its newest member. UBA is a banking union bringing together all 18 commercial banks operating in the Republic of Armenia.
Azerbaijan Banks Association joins SBFN
SBFN welcomes Azerbaijan Banks Association as our newest member.
Azerbaijan Banks Association’s (ABA) membership covers all 25 banks in the country, 2 non-banking credit organizations, 2 processing centers, and the Azerbaijan Credit Bureau.
China Banking Association launched two research reports during COP15 to promote biodiversity and carbon finance
In December 2022, at the invitation of the Ministry of Ecology and Environment, and under the guidance of the China Banking and Insurance Regulatory Commission (CBIRC), the China Banking Association (CBA) held a side event on Bank’s nature and climate initiatives during the second phase of the 2020 UN Biodiversity Conference (COP15).
Unleashing Sustainable Finance in Southeast Asia Report
The World Bank and Beijing Institute of Finance and Sustainability (IFS) published a report “Unleashing Sustainable Finance in Southeast Asia”. The report explores the urgent need for climate change mitigation and adaptation efforts in Southeast Asia and the important role of the financial sector.
Central Bank of Egypt issues Sustainable Finance Binding Regulation
The Central Bank of Egypt issued a binding regulation requiring banks to integrate sustainable finance into banks’ credit and investment policies and procedures and to create an independent department for sustainability and sustainable finance.
National Bank of Georgia and IFC/SBFN hosted the Sustainable Finance Forum and SBFN Working Group Meetings in Tbilisi, Georgia
National Bank of Georgia, IFC, and SBFN co-hosted the 4th annual Sustainable Finance Forum in Tbilisi, Georgia, in partnership with the State Secretariat for Economic Affairs in Switzerland (SECO). The event has increased its global reach over the years and was attended by over 300 participants from 55 countries both in person and virtually.
Banking Association of Georgia Joins SBFN
SBFN Welcomes the Banking Association of Georgia (BAG) as our newest member.
EU Platform on Sustainable Finance publishes “Report on Data and Usability of the EU Taxonomy” and “Report on Minimum Safeguards of the EU Taxonomy”
The European Union (EU) Platform on Sustainable Finance published “Platform recommendations on Data and Usability as part of Taxonomy reporting” and a “Final Report on Minimum Safeguards of the EU Taxonomy”, which provide important insights into the implementation of the EU Taxonomy and application of minimum safeguards.
Global Financial Stability: Navigating the High-Inflation Environment
The IMF released its 2022 Global Financial Stability Report “Navigating the High-Inflation Environment”, which featured the challenges and opportunities of scaling up private climate finance worldwide.
Banque des États de l’Afrique Centrale (BEAC) Joins SBFN
SBFN welcomes Banque des États de l’Afrique Centrale (BEAC, Bank of Central African States) as our newest member.
Members and Partners Conclude the 7th SBFN Global Meeting with an Ambitious Agenda to Accelerate Sustainable Finance Implementation in Emerging Markets
The Sustainable Banking and Finance Network’s 7thGlobal Meeting successfully concluded this week on a high note with strong visions and clear requests for the next 5 years from SBFN members and the broader sustainable finance community to move the agenda forward to effective implementation of policy frameworks, requiring the mobilization of all actors of the […]
Kosovo Banking Association Joins SBFN
The KBA supports the development of the banking sector and is the representative voice of the banking industry in the Republic of Kosovo.
Commission de Surveillance du Marché Financier de l’Afrique Centrale (COSUMAF) Joins SBFN
April 21, 2022 — Welcome to our newest SBFN Member, Commission de Surveillance du Marché Financier de l’Afrique Centrale (COSUMAF; the Securities and Exchange Commission of Central Africa). Ambassador Nagoum Yamassoumand, COSUMAF’s President, and Mr. Alfonso Garcia Mora, Chair of SBFN and Regional Vice President of IFC, celebrated the moment at the signing ceremony during the […]
Bank of Jamaica Joins SBFN
SBFN welcomes the Bank of Jamaica as our newest member.
Central Bank of the Republic of Azerbaijan Joins SBFN
Established in 1992, Central Bank of the Republic of Azerbaijan believes that sustainable finance can support transformation of Azerbaijan towards a sustainable and green economy.
The Banking Association of Guatemala (ABG) Joins SBFN
SBFN welcomes Banking Association of Guatemala (ABG) as our newest member. ABG, founded in 1961, is the association for all Banking Entities and Private Financial Companies authorized to operate in Guatemala. ABG will collaborate with IFC through the Banking School of Guatemala (EBG) and the Central American Banking School (EBC) to promote sustainable finance in […]
The Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions joins SBFN
SBFN welcomes the Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions (CCSBSO) as our newest member. CCSBSO is an international non-profit association with an indefinite duration, made up of the superintendencies in charge of exercising supervision of banking, insurance or financial activities in Colombia, Costa Rica, the Dominican Republic, El Salvador, […]
The Central Bank of Armenia Joins SBFN
CBA has established a working group to conduct research aimed at establishing a green financing system in Armenia.