Publication: Toolkits for Policymakers to Green the Financial System
Date
2021-05-25
ISSN
Published
2021-05-25
Author(s)
World Bank
Abstract
The World Bank works with government
policy makers, regulators, central banks, and supervisors in
implementing reforms to build a sustainable financial
system. Such reforms must align the financial system with
the goals of the Paris Agreement on climate change and the
Sustainable Development Goals (SDGs). This report aims to
provide a comprehensive overview of the range of approaches
that public authorities could take to promote green finance
and manage climate-related and environmental risks. The
toolkits presented in this report aim to help countries set
clear and predictable strategies, increase the
attractiveness of green investments, and better understand
and manage climate-related and environmental risks. Targeted
financial public authorities may include Ministries of
Finance or related government agencies, as well as central
banks and financial supervisors/regulators. The report is
not designed to provide an in-depth analysis of each
toolkit. Rather, it summarizes the key characteristics of
each approach, provides key actions to drive implementation,
and references other publications that provide more detailed guidance.
Citation
“World Bank. 2021. Toolkits for Policymakers to Green the Financial System. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/35705 License: CC BY 3.0 IGO.”