We work to provide our member banks with the most relevant and updated knowledge on sustainable finance so they can integrate ESG topics into their strategies and continuously improve social, environmental and climate risk management in their operations.

Given our topography and terrain, our banks and financial institutions are much urban-centric. This makes us prioritize inclusive and sustainable finance along with our stability related goals. We believe every individual should have access and be a part of banking network.

The Central Bank of Ecuador is committed to contributing to the development of public policies, in collaboration with the private and public sectors, in order to promote sustainable finance that ensure social welfare and environmentally friendly growth

This transition towards a more sustainable economic model to meet citizens’ aspirations and international commitments requires large-scale investments in sustainable businesses. Hence, the financial system will play a significant role in the structural transformation of the economy.

Of course, the financial sector is expected to play a crucial role in the transition to a sustainable development path. Although the lack of a binding and comprehensive regulatory framework regarding sustainability prevents homogeneous and full implementation of sustainability principles, a major part of the Turkish banking sector is aware of and active in green banking and sustainability issues. We think that guidance of financial authorities helps financial institutions adequately assess the risks and opportunities of sustainability related projects.