Regulatory Alerts2025-10-23
Philippine Sustainable Finance Taxonomy Guidelines: Sample Climate Adaptation-related Projects and Activities
Bangko Sentral ng Pilipinas issued this memorandum to provide banks with reference examples of climate adaptation projects and activities aligned with the National Adaptation Plan. The document lists non-exhaustive samples across eight key sectors to assist financial institutions in designing products that support climate resilience financing. Banks are required to assess these activities against the Philippine Sustainable Finance Taxonomy Guidelines to ensure substantial contribution to adaptation objectives and no significant harm to the environment.
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