Event Detail page

The 2016 International Sustainable Finance Forum, which included the 4th annual meeting of the Sustainable Banking Network (SBN), was jointly organized by IFC, the World Bank Group, and OJK, the Indonesia Financial Services Authority, on December 1 and 2 in Bali, Indonesia.

The first Forum was jointly convened by IFC and the China Banking Regulatory Commission in Beijing in 2012, where the idea for SBN was proposed by the 10 attending banking regulators. Since then, SBN annual meetings have been convened jointly by IFC with the Central Bank of Nigeria in Lagos, Nigeria, in in 2014; and with the Peru Superintendency of Banking, Insurance and Private Pension Funds (SBS) in Lima, Peru, in 2015.

In this time, SBN has grown into the global knowledge and capacity building network of emerging markets’ financial regulators and banking associations advancing sustainable finance. The Network now represents 31 member countries1 and 85% of emerging markets banking assets, with 13 out of the 31 SBN member countries having launched sustainable finance policies or voluntary principles aligned with international good practice. (Please see annex for latest SBN membership map. For additional information, please visit www.ifc.org/sbn).

With more than 300 participants from approximately 30 countries, this year’s event brought together banking and financial regulators, banks, and international organizations active in the space of sustainability and climate finance. The Forum focused on global sustainable finance trends and new developments, as well as national experiences in mobilizing private sector financing to promote sustainable development.