The Bank of Mauritius has formalised its engagement with Agence Française de Développement, the Delegation of the European Union, the Mauritius Bankers Association Limited and Business Mauritius to implement the “SUNREF - Cap sur la Finance Durable” Programme, aiming to bolster sustainable finance in Mauritius by reinforcing regulatory frameworks, developing sectoral capacities and promoting investments supporting environmental sustainability and inclusive economic development. Under the collaboration, the central bank will strengthen its institutional capacity to address climate-related financial risks through initiatives including developing climate risk models, integrating climate-related risks into regulatory and macroprudential frameworks, addressing climate data gaps, and continuing to advance the Bank of Mauritius Climate Change Centre.