A UN Environment - World Bank Group Initiative Roadmap for a Sustainable Financial System - Summary for Consulation

UN Environment and the World Bank Group view the over-arching objective of a sound financial system as being to provide finance that meets the long-term needs of an inclusive, environmentally sustainable economy.

This Roadmap is a contribution to international efforts by UN Environment and the World Bank Group to meet the urgent financing imperatives underpinning the SDGs and climate considerations reflected in the Paris Agreement. The Roadmap focuses on how best to scale sustainable and ‘green’ finance experimentation, through identifying key characteristics and objectives, and exploring possible action plans to achieve these goals.

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The final Roadmap for a Sustainable Financial System will be launched at the World Bank-IMF Annual Meetings in October of 2017. In developing this Roadmap, the partners commit to a wide-ranging consultation process, enabling governments, regulators, financing institutions and other stakeholders to provide inputs and review proposals. Such inputs will be key to ensuring a useful Roadmap, as will its specificity in setting out the roles and responsibilities of key actors, including the partners themselves. The next steps of the Roadmap will be to engage and consult with committed country-level policy officials and regulators in identifying potential partnership countries to carry out the first phase of the Roadmap initiative.