IFC, a host of the Sustainable Banking and Finance Network (SBFN) Secretariat, and the IFRS Foundation have officially signed a memorandum of understanding to strengthen sustainable capital markets by improving sustainability and climate reporting.
The 2024 Global Progress Brief highlights key achievements, challenges, and opportunities within the SBFN community across three pillars of sustainable finance defined in the SBFN Measurement Framework developed by members: Environmental, Social, and Governance (ESG) Integration, Climate and Nature-Related Risk Management, and Financing Sustainability.
IFC and the Central Bank of Kenya (CBK) with support from the Sustainable Banking and Finance Network (SBFN) convened the inaugural Africa Climate Business Forum, bringing together approximately 300 senior executives. The IFC/CBK Climate Forum created a platform for dialogue and collaboration among private sector stakeholders, government officials, and thought leaders on crucial economic and business issues related to accelerating climate finance.
The Central Bank of the Republic of Kosovo (CBK), Kosovo Banking Association (KBA), Sustainable Banking and Finance Network (SBFN), and International Finance Corporation (IFC), a member of the World Bank, in partnership with the Swiss State Secretariat for Economic Affairs (SECO), on 5 October 2023 convened the Sustainable Finance Forum in conjunction with efforts to promote sustainable banking and environmental, social, and governance (ESG) integration in the country.
Sustainable Finance Week 2023 was held in Ulaanbataar, Mongolia from 13 to 16 June in celebration of the tenth anniversary of the Mongolian Sustainable Finance Initiative, a globally recognized example of public-private partnership to scale up sustainable finance. The event was hosted by the Office of the President of Mongolia in partnership with the Mongolian Sustainable Finance Association, Sustainable Banking and Finance Network (SBFN), International Finance Corporation (IFC), Institute of Finance and Sustainability (IFS), and Trade and Development Bank of Mongolia (TDBM).
Established in 2006, FRC is one of Mongolia’s two financial regulators; supervising and regulating the non-bank sector. Regulated areas include insurance and securities markets, non-bank financial institutions, savings and credit cooperatives, real estate agents, precious metals and stones, and virtual asset service providers.
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH has launched a new free, interactive and practical e-learning course on Sustainable Finance Taxonomies, developed with technical input from SBFN and two pioneering SBFN members: the National Treasury of South Africa and the Superintendencia Financiera de Colombia.
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.
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.
At the 4th SBN Annual Meeting in Bali, 1-2 December 2016, members called for enhanced technical support, knowledge products, training, and tools to assist members in designing and implementing national initiatives and guidance on sustainable banking, starting with the member-led Measurement Working Group.