As the world shifts to greener, more sustainable economic systems and infrastructures, it is crucial that emerging market financial sectors transition to sustainable finance practices. They need to be supported by developed economies who have built their wealth on carbon-intensive structures. In collaboration with the United Nations Conference on Trade and Development’s World Investment Forum, OMFIF is convening a panel discussion on how emerging markets can leverage finance and develop policies to drive climate action while continuing to grow their economies.
Central Bank of Kenya
Vice President and Chief Financial Office
New Development Bank
Head of Sustainable Bonds and Finance
Senior Policy Fellow
Grantham Research Institute on Climate Change and the Environment, London School of Economics
Rodrigo Cubero Brealey
Central Bank of Costa Rica
05:00-06:00 (New York)
This discussion is on the record.
This virtual discussion is part of the OMFIF Sustainable Policy Institute. The SPI is a high level community which brings together central banks, sovereign funds, public pension funds, and their counterparts in asset management, banking and professional services to explore policy, regulatory and investment challenges posed by environmental, social and governance themes. See more information on OMFIF’s SPI here.
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The Sustainable Finance Policy Tracker provides a comprehensive overview of different countries’ approaches to mitigating climate risks in the financial sector.
Covering 22 countries and jurisdictions, the tracker presents information on 14 areas that include regulatory and supervisory measures, climate stress testing activity, net zero strategies, green bond issuance and disclosure requirements.