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SBFN Member Spotlight: National Bank of Moldova Approves Sustainable Finance Roadmap

July 3, 2024 – The Sustainable Banking and Finance Network (SBFN) is proud to announce that its member, the National Bank of Moldova (NBM), has taken a significant step forward in sustainable finance by approving the Sustainable Finance Roadmap for the Republic of Moldova. This milestone, formalized through the NBM Executive Board’s decision on May 28, 2024, underscores the NBM’s commitment to embedding sustainable finance principles within the national financial system.

The Sustainable Finance Roadmap, developed in close collaboration with the International Finance Corporation (IFC) and informed by the SBFN Toolkit for Developing National Sustainable Finance Roadmaps, sets a strategic vision for the Republic of Moldova, introducing key terms into the country’s legal framework and setting priorities for action from 2024 to 2028. It includes four main pillars, each detailing specific actions and measures to be implemented, ensuring a structured approach to achieving sustainable finance objectives.

Moldova’s first national Sustainable Finance Roadmap serves as a reference point for the next five years and highlights the NBM’s leadership in sustainable finance and its commitment to fostering a resilient and inclusive financial system.

SBFN will continue to support the NBM in implementing the roadmap, building capacity, and raising awareness about sustainable finance best practices among financial sector participants in Moldova.

To learn more about the Sustainable Finance Roadmap of the Republic of Moldova, visit the country profile on the SBFN Data Portal: https://data.sbfnetwork.org/country/moldova