13

December 2020SBN Spotlight

Launch of SBN 2020-2021 Measurement Framework Methodology and Member Self-Reporting Data Collection

We have begun preparing the 3rd SBN Global Progress Report and associated CountryReports the most comprehensive benchmarking of sustainable finance globally focusedexclusively on emerging markets A new feature this year is that all country-level data will beprovided by members via a self-reporting process In addition to a new Methodology just releasedthe SBN Secretariat will organize three regional technical workshops exclusively for SBNmembers in January 2021

Welcoming new members to the Sustainable Banking Network

National Bank of Ukraine (NBU) and Association of Serbian Banks (ASB) we look forward toworking with both new members in their commitment to promote sustainable finance throughpolicy frameworks market-level interventions and awareness raising among other things

2020 Round-up Achievements and Actions by SBN Members

23

Welcoming the new SBN Measurement Working Group

The SBN Measurement Working Group (2020-2022) will continue leadership of the SBNMeasurement Framework and Global Progress Report It is chaired chaired by theSuperintendencia Financiera de Colombia Mongolian Sustainable Finance Association and theAutoriteacute Marocaine du Marcheacute des Capitaux Incoming members are Bangladesh BankAssociation of Banks in Cambodia China Banking and Insurance Regulatory CommissionColombian Banking Association Central Bank of Egypt Reserve Bank of Fiji National Bank ofGeorgia Honduras National Commission of Banks and Insurance the Indonesia FinancialServices Authority Kenya Bankers Association Union of Banks of Kyrgyzstan Panama BankingAssociation Bangko Sentral ng Pilipinas Association of Serbian Banks Central Bank of SriLanka Central Bank of Tunisia Banking Regulation and Supervision Agency of Turkey LatinAmerican Banks Federation

SBN Member Country Achievements amp Activities +

The National Commission of Banks andInsurance of Honduras approved theldquoStandard for the Management ofEnvironmental and Social Risk applicableto the Institutions of the FinancialSystemrdquo establishing the countrys nationalsustainable finance framework

The Fiji Government launched the 2nd roundof public consultation of the Climate ChangeBill which includes a section on sustainablefinance outlining the governmentrsquos authorityand responsibility to promote and overseeclimate finance

In October the Taxonomy Working Groupunder the South Africa Sustainable

The 6th ASEAN Finance Ministersrsquo andCentral Bank Governorsrsquo Meeting

click here to read about more SBN member achievements in 2020

33

Finance Initiative published its interim reporton ldquoDeveloping a National Green FinanceTaxonomyrdquo The process is now at thecomprehensive stakeholder consultationstage

emphasized building a sustainable regionaleconomy resilient to shocks It was approveda report on the role of central banks inaddressing climate and environment risksand principles of Sustainable Banking

Key international thought leadership +Social Bond Impact ReportFinancial Year 2019IFC

Mobilizing Private Finance forNatureWorld Bank

Developing Sustainable FinanceDefinitions and TaxonomiesOECD

Measuring Stakeholder CapitalismTowards Common Metrics andConsistent Reporting ofSustainable Value CreationWEF

Virtual Events +October 6-9Sustainable and Inclusive FinanceForum

December 4Environmental Risk Managementand Climate Reporting

December 8The State of Sustainable Financein South Africarsquos RetirementSector

December 10Advancing EnvironmentalAssessment in Africa

More Resources +SBN Necessary Ambition Report

SBN 2nd Global Progress Report

SBN Green Bond Markets Report

SBN Webinars (on-going)

For input or comments please contactFollow us on SBN LinkedInsbn_secretariatifcorg

IFC also provides wider updates on its work in Environment Social Governance (ESG) and SustainabilityThe links below allow you to specify whether you are included in future SBN ESG and Sustainability

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