- Argentina, Mexico, Mongolia, Morocco, Nigeria
- Implementing organisation:
- United Nations Environment Programme (UN Environment)
- BMUB grant:
- € 1,971,559
- 06/2016 till 12/2017
As of: January 2018
The observed trend in policy innovation from central banks, financial regulators and standard setters, who are incorporating sustainability factors into the rules that govern the financial system, is primarily at the country level. The project enables financial rule-makers to build a portfolio of tools, instruments and implementation pathways as a basis for making decisions on innovative policies and actions to redirect finance flows towards sustainable development and putting the world on a pathway to achieve the 2 degree goal or less. Country action is supported and complemented by international cooperation, including research alliances, with the aim to raise awareness, improve cross-national learning, harmonize approaches, and build common standards. Long term, the project will have an impact on shaping a financial system fit for the 21st century purpose of serving the needs of sustainable and climate-compatible development.