Camila Corradi Bracco’s Post

This ADB forum unpacks the latest trends and requirements for environmental, social, and #governance (#ESG) as well as #climatefinance for banks in #VietNam. It covers topics such as green #finance, alignment of financial institutions with the #ParisAgreement goals, as well as environmental and social #riskmanagement for financial institutions. 🟠 Access the presentation materials at https://buff.ly/4fDsP0q #SDG13 Felix Oku, Edith Aguilar, Michelle Dooley, Susan Olsen, CFA, Laurence Genee, Andrew Chan, Hanh Dinh Hong, Eugene Wong, Nirnita Talukdar, Anne Maria Cronin, Tram Le

Another insightful panel discussion on “Billions and Trillions: Where Will the Finance Come From?” at #AsiaXChange 🌱💡 Rajat Misra, Acting Vice President for Investment Clients Region, Financial Institutions and Funds at the Asian Infrastructure Investment Bank (AIIB), highlighted the pivotal role Multilateral Development Banks (MDBs) play in mobilising finance and driving policy change for climate investments 🌍 He also discussed innovative financing approaches like securitisation to make climate projects more bankable and attract private capital. It was inspiring to hear how MDBs can take on riskier tranches to de-risk investments for others, enabling more projects to come to life 🌿💸. Great reflections on bridging the climate finance gap through collaboration, policy reform, and innovative finance mechanisms! #ClimateFinance #MDB #BlendedFinance #SustainableDevelopment #GreenEnergy #ClimateAction Deepali Khanna Bernadine Fernz Gavin Hayman

The Iraq Securities Commission (ISC) has signed an agreement with the International Finance Corporation (IFC), a World Bank Group member, to develop an Environmental, Social, and Corporate Governance (ESG) guide. This initiative aims to integrate international best practices into Iraq's securities market to enhance its performance and effectiveness. According to a statement from the IFC, the agreement focuses on improving Iraq's investment environment by aligning regulations with international ESG standards, boosting implementation and oversight capabilities, and making the Iraqi market more attractive to investors. The guide will be mandatory for companies listed on the Iraq Stock Exchange. Faisal Al-Haimus, Chairman of the Iraq Securities Commission, highlighted that this partnership with the IFC will improve the investment environment by adopting international standards, increasing transparency, performance, and attractiveness to foreign investments. The ESG framework will be central to the national investment awareness strategy, set to be announced in October. Aftab Ahmed, IFC's Regional Director for the Middle East, Pakistan, and Afghanistan, expressed enthusiasm for the partnership, emphasizing the initiative's role in mitigating ESG risks, enhancing long-term performance, and contributing to the sustainable growth of Iraq's securities market. Workshops and meetings with relevant stakeholders, such as listed companies and brokerage firms, will be held during the guide's development. (Source: ISC)

🎉 Welcome Back! As we kick off 2025 with renewed energy and purpose, let’s dive into the opportunities that lie ahead for sustainable finance in Africa! Making Finance Work for Africa (MFW4A) is proud to support the strategy implementation of the African Financial Alliance on Climate Change (AFAC) and AFAC's efforts to develop a Sustainable Finance Taxonomy for the African Financial Sector. We are delighted to invite you to an exciting webinar on January 23, 2025, from 11 am to 12:30 pm (GMT) to disseminate the findings of this exercise. This webinar on Developing a Sustainable Finance Taxonomy for the African Financial Sector marks an important milestone in aligning Africa’s financial systems with global sustainability goals. The webinar will: ✅ Disseminate key findings from stakeholder workshops and benchmarking exercises. ✅ Promote awareness of the taxonomy design process and engage a wider range of stakeholders. ✅ Highlight initial scoping decisions and discuss potential barriers to adoption. Let’s make 2025 the year we take bold steps toward building a sustainable financial future for Africa! 📅 Save the date, join the discussion, and be part of this transformative journey. 💻 Register here to join: https://lnkd.in/dr-U2WKe #SustainableFinance #AFAC #MFW4A #ClimateAction #Africa #ESG David Ashiagbor Cecilia Bjerborn Murai Jonathan Israel Zillah Malia Dr. Monday Utomwen Timothy Afful-Koomson, PhD davinah uwella Marina Finken

In the following analysis, written before the Annual Meeting of the BRICS New Development Bank, Mikatekiso Kubayi highlights the important role of the NDB in reforming the global financial architecture. #BRICS #NDB #GlobalFinance #DevelopmentFinance #SustainableDevelopment https://lnkd.in/d3CPJpG2

Financial institutions are recognizing their important role in a just, green transition. ADB’s Women’s Finance Exchange (gWFX) Lead Sabine Spohn discusses the enthusiasm for this topic demonstrated at a gWFX-United Nations Environment Programme Finance Initiative (UNEP FI) seminar held in Manila. #genderequality #climatefinance #privatesector 

Innovation is at the heart of IFC - International Finance Corporation's approach. Our FY24 Annual Report showcases how we're pioneering new models to mobilize accelerate private sector solutions in developing countries. Download to learn more ➡ http://wrld.bg/lYkB50TSV5F #AcceleratingImpact 

In the following analysis, written before the Annual Meeting of the BRICS New Development Bank, Mikatekiso Kubayi highlights the important role of the NDB in reforming the global financial architecture. #BRICS #NDB #GlobalFinance #DevelopmentFinance #SustainableDevelopment https://lnkd.in/dxg8JFhB

Development finance institutions have to scale up private capital mobilisation (PCM) if we are to close the financing gaps in meeting the SDGs and addressing the climate crisis. Yet, in recent years, mobilisation rates have stagnated. As stakeholders seek to reform multilateral development banks, we need to understand what works to mobilise private capital, and in what contexts. Unfortunately, current measurement and disclosure of PCM is inadequate for these purposes. Today we are launching a proposal for improvements to the ways in which private capital mobilisation is measured and disclosed. We will be consulting on this proposal until 14 June. Visit our website to see the full proposal and provide your comments: https://lnkd.in/eFP2VBvH Join our launch with the Center for Global Development on 16 April to discuss the importance of mobilising more private capital in emerging markets and developing economies, how MDB approaches need to evolve and the best ways to disclose, assess, and report on their performance. Register: https://lnkd.in/e7dmheBr #MDBs #DevFin #ImpInv #CrowdingIn

🌍 The Road to FfD4 and Achieving the SDGs: Let's Talk Public Development Banks 🌱 With just 12% of the Sustainable Development Goals (SDGs) on track, the urgency to rethink how we finance sustainable development has never been greater. Public Development Banks hold a pivotal role in this transition. Together with Carolyn Neunuebel and Adama MARIKO, we explored how PDBs are operationalizing the SDGs in our podcast for AFD - Agence Française de Développement. 🎙️ Listen here: https://lnkd.in/euCvSM6M 📅 Next week at the Second Preparatory Committee for the 4th Financing for Development Conference (FfD4 PrepCom2) in New York, Adama MARIKO and I will represent The Finance In Common Summit, amplifying the call for global cooperation to reform financial systems and align them with the SDGs. The FfD4 process, culminating in Spain in 2025, is a critical opportunity to accelerate this transformation. 💡 Let's engage in dialogue and collective action. WRI Finance Center #FinanceForDevelopment #SustainableDevelopment #PublicDevelopmentBanks #FfD4 #SDGs