Inclusive Green Finance in action: AFI’s Working Group meets in Fiji

AFI’s Inclusive Green Finance Working Group (IGFWG) held productive meetings in Fiji on 4-7 March. The knowledge-sharing sessions, co-hosted with the Reserve Bank of Fiji, explored and assessed current IGF initiatives from AFI members from around the world.

The Reserve Bank of Fiji presented their experiences in implementing green finance policies and how they are integrating IGF into financial institutions. Bangko Sentral ng Pilipinas presented its ‘Philippine Sustainable Finance Taxonomy Guidelines,’ while Nepal Rastra Bank presented its ‘Nepal Green Finance Taxonomy’. Members also learned about IGF projects being carried out under AFI’s In-Country Implementation program.

Five members received awards in recognition of their contribution to the Working Group.

• Ingrid Cyuzuzo, National Bank of Rwanda
• Rhodora Brazil-De Vera, Bangko Sentral ng Pilipinas
• Kabinda Kawesha, Bank of Zambia
• Chowdhuri Liakat Ali, Bangladesh Bank
• Gabriela Viera, Banco Central de Reserva de El Salvador

“Environmental and climate change risks affect all of us, and the opportunity to learn about how countries are embedding IGF into their policies, and which approaches deliver the best results, is invaluable,” said AFI’s IGFWG Policy Manager, Laura Ramos. “Our network has made it clear that IGF is a top priority for building a more sustainable and inclusive financial sector, and the Working Group plays a critical role in facilitating knowledge and accelerating IGF policy implementation.”