Regulatory Alerts2025-01-01
Circular No. 17: Outputs of the First Meeting of the Sustainable Finance Working Group
The Palestine Monetary Authority issued Circular No. 17 to disseminate the outcomes of the inaugural meeting of its newly formed Sustainable Finance Working Group. The circular outlines the group's initial discussions on defining sustainable finance within the Palestinian context, identifying sectoral challenges, and aligning with international frameworks such as CCSAs and NDCs. It further details the proposed roadmap for developing sustainable financial products and establishes a mechanism for ongoing coordination between the regulator and licensed financial institutions.
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