An analysis of sustainable finance roadmaps: Charting the path to financial system transformation
An analysis of sustainable finance roadmaps: Charting the path to financial system transformation
1.71 MB
An analysis of sustainable finance roadmaps: Charting the path to financial system transformation
01 November, 2021
The 2021 work program of the Coalition of Finance Ministers for Climate Action stressed the importance of financial systems incorporating climate change considerations into financial decisions. The Coalition identified five priority work areas under Helsinki Principle 5, one of which was sustainable finance roadmaps. The Principle 5 Workstream agreed to produce a report assessing a sample of roadmaps from various countries to identify commonalities and differences across them. The findings will be discussed in a workshop to facilitate country experience sharing and identification of best practices.
To further the Coalition's work in this area, this research was led by UNDP Financial Centers for Sustainability (FC4S), in collaboration with the World Bank, under the direction of the Coalition. The roadmaps from 30 countries have been analyzed, including the experiences of the following Coalition Member countries: Canada, Japan, Luxembourg, Mexico, Nigeria, Switzerland, Germany, and Ireland. The Coalition is grateful to FC4S, UNDP, and the World Bank for their work on this report.