SBFN members are committed to moving their financial sectors towards sustainability with twin goals. First, to improve the management of environmental, social, and governance (ESG) risks – including climate risks – across the financial sector. And, second, to increase capital flows to activities with positive environmental and social impacts, including climate change mitigation and adaptation. This year’s Country Reports showcase a deepening of national initiatives and a growing trend of collaboration between regulators and industry, across all parts of the financial sector, and more rigorous approaches to disclosure by financial institutions.