Regulatory Alerts2022-04-13 | CBE14.2Added · Updated
CBE Regulation Book 14.2 - Guiding Principles For Sustainable Finance
The document outlines six guiding principles for sustainable financing, focusing on capacity building, integrating environmental and social elements into banking activities, managing climate change risks, engaging stakeholders, and applying sustainability principles to internal bank operations. It emphasizes training staff on sustainable finance concepts, modifying policies to include sustainability elements, and encouraging investment in sustainable projects. The principles also emphasize managing climate change risks, collaborating with government entities and experts, and reducing environmental impacts of bank operations through waste management, energy efficiency, and digital solutions.