Scale up green finance, BSP urges PH banks

The BSP also leads financial institutions in carrying out environmentally and socially responsible business decisions and adopting green practices, including adopting green principles in their investment portfolios. In particular, the BSP has invested in the Green Bond Fund of the Bank for International Settlements as part of its sustainable investment strategy.

“Understanding the [environmental, social, and corporate governance principles] and climate risks will help banks to effectively manage such risks and to unlock the opportunities contributing to the scaling up of green or sustainable finance,” Diokno said. Also present during the digital forum were IMF Deputy Managing Director Antoinette Sayeh, Indonesian Minister of Finance Sri Mulyani Indrawati, Thai Minister of Finance Arkhom Termpittayapaisith and Monetary Authority of Singapore Managing Director Ravi Menon. INQ

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

BSP wants PH banks to comply with sustainable finance principlesThe central bank has affirmed its commitment to champion sustainable finance and entrench environmental, social, and corporate governance principles into the Philippine financial system. | daxinq
مصدر: inquirerdotnet - 🏆 3. / 86 اقرأ أكثر »

Iraq arrests Islamic State finance chiefIraq has captured the alleged finance chief of the Islamic State group. MacarioBonifac1 Buti pa sa Iraq pwede arestuhin ang finance chief,.sa pilipinas Bawal yan.
مصدر: ANCALERTS - 🏆 26. / 50 اقرأ أكثر »