*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.
*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:
- Practical findings and examples from SBFN members that have implemented taxonomies.
- Emerging common elements of taxonomies.
- Guidance on the steps that countries can follow to strengthen the governance, design, and implementation of their taxonomies.
- Ideas on ‘levels of interoperability‘ to facilitate discussion moving forward.
- 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.
Member
Countries
Member
Institutions
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 Member Spotlight: National Bank of Moldova Approves Sustainable Finance Roadmap
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.
IFC and IFRS Announce Partnership to Improve Sustainability Reporting in Emerging Markets
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.
SBFN and IFC Collaborate at the 2nd Philippine Climate Forum to Propel MSMEs Toward Net-Zero Transition
On World Environment Day, the International Finance Corporation (IFC) in the Philippines kicked off its 2nd Climate Forum, a pivotal event dedicated to fostering discussions and actions towards the net-zero transition for Micro, Small and Medium Enterprises (MSMEs). Held from June 5 to June 7, 2024, the forum convened key stakeholders including the Bangko Sentral ng Pilipinas (BSP), an SBFN member since 2013, Securities and Exchange Commission Philippines, Hong Kong Monetary Authority, and significant private sector partners such as The Alliance for Green Commercial Banks, Bank of the Philippine Islands, RCBC, GCash, and Maya.
Working Groups
Currently four member-led thematic working groups are established within SBFN
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.
Member
Countries
Member
Institutions
Banking Assets
Supervised
What's New
SBFN Member Spotlight: National Bank of Moldova Approves Sustainable Finance Roadmap
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.
IFC and IFRS Announce Partnership to Improve Sustainability Reporting in Emerging Markets
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.
SBFN and IFC Collaborate at the 2nd Philippine Climate Forum to Propel MSMEs Toward Net-Zero Transition
On World Environment Day, the International Finance Corporation (IFC) in the Philippines kicked off its 2nd Climate Forum, a pivotal event dedicated to fostering discussions and actions towards the net-zero transition for Micro, Small and Medium Enterprises (MSMEs). Held from June 5 to June 7, 2024, the forum convened key stakeholders including the Bangko Sentral ng Pilipinas (BSP), an SBFN member since 2013, Securities and Exchange Commission Philippines, Hong Kong Monetary Authority, and significant private sector partners such as The Alliance for Green Commercial Banks, Bank of the Philippine Islands, RCBC, GCash, and Maya.
Members
80 financial sector regulators and industry associations from 63 countries in emerging markets
Working Groups
Currently four member-led thematic working groups are established within SBFN
Member-led Research
2021
Global Progress report
2020
Necessary Ambition
2018
Green Bonds Market Report
