The IFC-facilitated Sustainable Banking and Finance Network (SBFN) has released a white paper, “Leaving No One Behind: Unlocking Finance in Emerging Markets,” setting out common approaches to inclusive sustainable finance and how they can support resilience in emerging markets. The paper estimates emerging markets need USD 2.5 trillion to meet climate adaptation and resilience goals and frames inclusive sustainable finance as practices that target vulnerable, marginalized, or excluded populations and economic sectors to expand access to capital for the green transition, climate adaptation and resilience, while mitigating potential exclusionary effects of sustainability and climate-related policies and actions. It identifies five building blocks, provides policy examples from SBFN members including Bank of Ghana, Bangko Sentral ng Pilipinas, Central Bank of Egypt, Central Bank of Jordan, Central Bank of Sri Lanka, Central Bank of Tunisia, and industry bodies such as the Brazilian Federation of Banks (FEBRABAN), Kenya Bankers Association, and Tanzania Bankers Association, and sets out recommendations for further steps to improve inclusivity.
Sustainable Banking and Finance Network 2025-07-24
Sustainable Banking and Finance Network publishes white paper defining inclusive sustainable finance and outlining five building blocks
The Sustainable Banking and Finance Network (SBFN) released a white paper, “Leaving No One Behind: Unlocking Finance in Emerging Markets,” outlining approaches to inclusive sustainable finance to bolster resilience in emerging markets. The paper estimates a need for USD 2.5 trillion to achieve climate adaptation and resilience goals, emphasizing practices that expand access to capital for vulnerable populations. It identifies five building blocks and provides policy examples from SBFN members and industry bodies, recommending steps to enhance inclusivity.