Sustainable Finance Framework – ICSC | Institute for Climate and Sustainable Cities

Diokno, Legarda tell executives to factor in climate risk in corporate strategy

Ira Guerrero2020-10-30T15:13:02+08:0030 Oct 2020|Tags: Bangko Sentral ng Pilipinas, Benjamin Diokno, BSP, Convergence Blended Finance, Department of Energy, DOE, ICD, Institute of Corporate Directors, Loren Legarda, moratorium, Robert van Zwieten, Sustainable Finance Framework, The Climate Reality Project Philippines|

MAKATI CITY, 30 October 2020 -- Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno and House deputy speaker Loren Legarda challenged executives to integrate the physical and transition risks brought about by climate change in their planning and decision-making. “The financial sector holds a unique position in advancing the sustainability agenda. We cannot leave climate [...]

Philippine central bank signs sustainable finance framework

30 April 2020 — The Monetary Board of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) signed yesterday its Sustainable Finance Framework recognizing that “physical and transition risks arising from climate change could result in significant societal, economic and financial risks affecting the banks and their stakeholders.” The framework also includes green finance [...]