Purpose. Development of new areas of green finance in Ukraine through the following three objectives:
- to develop the internal capacity of financial institutions to finance green energy projects;
- to create awareness in the green energy financing market;
- to promote the development of green finance instruments, involvement of key stakeholders in the development of access to green capital and facilitation of the use of IFC’s own specialised green finance instruments.
The project has two areas of focus: Green Finance and the Integrated Environmental, Social and Governance Programme for Investment Promotion in Europe and Central Asia (hereinafter referred to as ESG).
Products for the National Bank and the most significant events:
- an expert session “Incorporation of ESG aspects in the regulation of corporate governance in banks and development of ESG Disclosure standards by banks”, May 2021;
- implementation and online discussions as part of the IFC Green Banking Academy in Europe;
- an online event on current green finance initiatives within the SBN, September 2021;
- development of the Policy on Sustainable Finance Development for the period up to 2025 (approved by the NBU Board on 18 November 2021 and presented to the market on 25 November 2021);
- ESG aspects were incorporated into the regulatory documents on corporate governance in banks.