Sustainable Finance Progress Report
Sustainable finance has developed at a considerable pace when measured against various yardsticks. Sustainable finance has also become an established part of the G20 and other international fora. Sustainability-related considerations and more recently, the Sustainable Development Goals (SDGs), are increasingly factored into investment decision-making and product development in a growing number of financial institutions including pension funds, banks and insurance companies. Related products, such as green bonds and other sustainability linked investment products and tools are growing at a rapid rate.
The focus of this review is on developments in G20 members while recognizing that action has also been taken in many non-G20 countries. The scope also includes innovations by international organizations and examples of international cooperation.