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15 Years of Impact
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!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
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Global Standards Proportionality Working Group (GSPWG)
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!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
15 Years of Impact
15 Years of Impact
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
15 Years of Impact
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
Maya Declaration
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
Accords
Impact Stories
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
Key Policy Areas
Key Policy Areas
Digital Financial Services
Data
Consumer Empowerment
Financial Inclusion Strategy
Inclusive Green Finance
Global Standards Proportionality
SME Finance
Global Standards Proportionality Working Group (GSPWG)
Working Groups
Working Groups
Consumer Empowerment and Market Conduct Working Group (CEMCWG)
Digital Financial Services Working Group (DFSWG)
Inclusive Green Finance Working Group (IGFWG)
Financial Inclusion Data and Impact Working Group (FIDIWG)
SME Finance Working Group (SMEFWG)
Financial Inclusion Strategy Peer Learning Group (FISPLG)
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
Regional Initiatives
Regional Initiatives
African Financial Inclusion Policy Initiative (AfPI)
Eastern Europe & Central Asia Policy Initiative (ECAPI)
Financial Inclusion Initiative for Latin American and the Caribbean (FILAC)
Pacific Islands Regional Initiative (PIRI)
South Asia Region Financial Inclusion Initiative (SARFII)
Arab Region Financial Inclusion Policy Initiative (ARFIPI)
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
Training & Development
Training & Development
AFI Educate online courses
AFI Engage
Certified Expert in Financial Inclusion Policy
Training & Development
AFI Educate online courses
AFI Engage
Certified Expert in Financial Inclusion Policy
!Font Awesome Pro 6.6.0 by @fontawesome – https://fontawesome.com License – https://fontawesome.com/license (Commercial License) Copyright 2024 Fonticons, Inc.
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News

Papua New Guinea’s Green Finance Center will drive sustainability, resilience and inclusion

Inclusive Green Finance in Papua New Guinea has taken a major step forward with the opening of the country’s Green Finance Center.

Chief Secretary to Government, Ivan Pomaleu, Governor of the Bank of Papua New Guinea, Elisabeth Genia, and AFI Executive Director, Dr Alfred Hannig, spoke at the launch for the Center, which will work to build sustainability, resilience, and inclusivity into the banking and financial sector.

The Center will implement the country’s groundbreaking Inclusive Green Finance Policy, which AFI supported by providing technical input, policy examples from other countries, and Central Bank peer review.

It will also engage with the private sector to advocate for green, sustainable investments, align national efforts against international best practice on inclusive green finance, and drive inclusive and sustainable financial initiatives including on women, small businesses, bio-diversity and agriculture.

“Today marks a significant milestone for the Bank of Papua New Guinea, as we establish an entity dedicated to implementing the Inclusive Green Finance Policy and spearheading all green finance initiatives within our nation,” said Governor Genia.

“The Green Finance Center is poised to drive the transformation of PNG’s financial sector,” said  Chief Secretary Pomaleu. “Through collaboration with the Alliance for Financial Inclusion, our Centre will be working with more matured central banks in this space, who will assist us to develop a more sustainable and inclusive financial ecosystem.”

“AFI was pleased to provide input on setting up the Center, and we look forward to supporting and relaying the Center’s work,” said Dr Hannig. “The insight generated here will resonate far and wide across the AFI network, encouraging and inspiring other countries to follow a similar path.”

The Green Finance Center benefits from technical assistance from the Global Green Growth Institute, and financial support from the French Development Agency (AFD) and the New Zealand Ministry of Foreign Affairs and Trade.

Dr Hannig was making his first visit to Papua New Guinea since Governor Genia, the first woman to hold the role, took office in January 2024. The two leaders discussed BPNG’s financial inclusion priorities and how the AFI network might support these, as well as upcoming joint activities. They also explored how to develop collaboration opportunities with Inclusive Green Finance funders, a topic that is attracting increasing donor attention not just in Papua New Guinea but in the wider Pacific region.