Roadmap for a Sustainable Financial System
The full potential of the financial system needs to be harnessed to serve as an engine in the global economy’s transition toward sustainable development.
The Roadmap for a Sustainable Financial System aims to support the achievement of a financial system that integrates sustainability into its operations — including the full costing of positive and negative externalities — leading to a reorientation of the flow of resources toward more inclusive and sustainable activities. It proposes an integrated approach to accelerating the transformation toward a sustainable financial system that can be used by all financial sector stakeholders and bring policy cohesiveness across ministries, central banks, financial regulators, and private financial sector participants.
The rodmap identifies three types of initiatives that are facilitating the transition toward a sustainable financial system: