Provision of Professional Consultancy Services for AFI Working Group Guideline Note: “Inclusive Green Finance (IGF) as a Pathway to Proportionate Sustainable Finance Standards”

The updated Guideline Note will seek to:

• Provide a comprehensive overview of the evolving sustainable finance landscape, and the incorporation of sustainable finance and climate risk considerations within the work of global financial standard setting bodies (SSBs);
• Outline key definitions, principles, and frameworks while analyzing challenges and opportunities for AFI members (principally central banks and other prudential and financial stability regulators), in implementing sustainable finance policies and regulations;
• Analyze how provisions for proportionality in the standards can inform countries’ implementation strategies and how they can be utilized to mitigate the potential for unintended exclusionary impacts, for example with regards to MSME reporting.
• Identify how AFI’s IGF approach can be incorporated into sustainable finance standards implementation to ensure a human centric approach and positive outcomes for disadvantaged groups in developing countries;
• Raise awareness amongst policymakers, regulators, and other relevant stakeholders in developing and emerging markets of the key policy considerations to adopt sustainable finance standards in a manner that is both effective and equitable.

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