Latest News – 21 November 2023: National Bank of Moldova becomes SBFN member
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Category: Member Milestones

During a recent 39th Chairs’ meeting of the ASEAN Capital Markets Forum hosted by the Financial Services Authority of Indonesia (OJK) focusing on sustainable capital markets, several key actions were taken to enhance sustainability practices in the financial sector. The meeting attendees endorsed the ASEAN Transition Finance Guidance, establishing a common standard for transparent and inclusive transition finance. Additionally, they approved the revised ASEAN Corporate Governance Scorecard, aligning it with the updated G20/OECD Principles of Corporate Governance, emphasizing sustainability-related governance.
Central Bank of Armenia (CBA), a SBFN member since 2021, unveiled the first national Sustainable Finance Roadmap in October 2023. The Roadmap is a response to growing climate risks facing the country, as well as an existing gap to finance sustainable development. It outlines the CBA’s expectations and planned actions to advance sustainability in the financial sector covering a range of financial market participants, including banks, credit institutions, insurance, and asset managers.
On May 25, 2023, the Union of Banks of Kyrgyzstan organized the 8th annual Bishkek International Financial Forum (BIFF) with the theme "Technologies, Opportunities, Sustainable Development." The forum aimed to facilitate professional communication, partnership, and growth within the financial sector. Co-organized by the National Bank of the Kyrgyz Republic, the United Nations Environment Programme (UNEP), and the International Finance Corporation (IFC), the event featured speakers from various countries.
The Sustainable Banking and Finance Network (SBFN), Bank of Central African States (BEAC), and IFC, a member of the World Bank Group, hosted an international forum on sustainable finance in Douala, Cameroon, on May 8-9, 2023. The event was attended by nearly 200 senior officials representing financial sector regulators and industry associations from more than 20 African countries.
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.
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).
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.