The Bangko Sentral ng Pilipinas (BSP) has outlined its sustainable finance initiatives as part of its drive to boost the so-called green financing in the country. The BSP said local banks and financial institutions need to further understand and manage climate change risks to fully maximize opportunities behind lending or…
The Philippine government Wednesday launched its sustainable finance roadmap to address the country’s policy and regulatory gaps in promoting sustainable investments. According to one of the plans under the Financing Pillar of the newly launched Philippine Sustainable Finance Roadmap, the Inter-Agency Technical Working Group for Sustainable Finance (ITSF) "will continue…
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