Climate change poses risks to financial stability across the globe, but the impacts are more severely felt in developing countries.
Financial regulators and policy makers in developing and emerging economies are developing and implementing policies to tackle climate change through climate-adaptation and climate-mitigation initiatives that in turn foster sustainable financial inclusion: inclusive green finance (IGF) policies.
This guideline note aims to support AFI member institutions to accelerate the development of IGF policies that enhance sustainable potential for economic growth and to manage the financial risks associated with the impacts of climate change. It was designed to provide guidance for institutions looking to incorporate IGF into their national financial inclusion strategies (NFIS).