Pathways to Sustainable Finance : Stakeholders Brainstorm In Douala

For two days, stakeholders including financial sector regulators, banking associations and financial institutions from Central Africa, other emerging markets and developing economies, as well as international organisations and networks interested in sustainable finance, met in Douala. This was for an international forum on, “Pathways to Sustainable Finance” which enabled them map out ways that can help leverage sustainable finance, as a tool to attract more investment, strengthen business outcomes, and most importantly benefit society and the environment. The forum organised by the Bank of Central African States- BEAC, and the Sustainable Banking and Finance Network- SBFN focused on the need to scale up financing solutions by creating a strong enabling environment through policy, regulations, awareness raising and capacity building.
While at the international forum in Douala on May 9, 2023, the Governor of BEAC, Abbas Mahamat Tolli, said the search for sustainable finance is people-centred and all geared towards the welfare of the population. He added that Central African initiatives in sustainable finance are still at an early stage thus, recognizing the importance of developing a broader and more mature sustainable finance ecosystem, BEAC he went on, is partnering with SBFN to raise awareness and build a common vision for sustainable finance in the region. It will showcase the benefits of sustainable finance and proven strategies to move markets toward sustainable activities including national and regional sustainable finance roadmaps, disclosure, and taxonomies, harnessing financial inclusion, addressing climate change, and protecting nature....