CBSL launches Sustainable Finance Roadmap 2.0

The Central Bank of Sri Lanka (CBSL) launched the Sustainable Finance Roadmap 2.0 yesterday (5 April), marking a key milestone in its continued efforts to foster a climate-resilient and socially inclusive financial system. 

 

Recognising the growing implications of climate-related risks on price stability and financial system stability, CBSL introduced the first Sustainable Finance Roadmap in 2019, which provided foundational guidance to financial institutions on managing environmental, social, and governance (ESG) risks while encouraging financing for green and inclusive economic activities.

 

The Roadmap 2.0 was crafted in close collaboration with key stakeholders, including Securities and Exchange Commission of Sri Lanka (SEC), the Insurance Regulatory Commission of Sri Lanka (IRCSL), the Colombo Stock Exchange (CSE), the Sri Lanka Banks’ Association (SLBA), The Finance Houses Association of Sri Lanka (FHA), financial institutions and government bodies.