challenges that need to be faced in implementing Green Financing
1. The need to increase awareness related to green finance both in banking and other sectors.
2. Green finance ecosystem which is still in the early stages of planning
Regulations, frameworks and standards related to green
3. products that are still being developed
4. Efforts and commitments are needed on a national scale in developing Green Financing
5. There are additional costs (tangible and intangible) that must be invested for the implementation of ESG in the company.
6. Development of effective incentives and according to the needs of actors in the green sector in addition to the existing incentives
GOVERNMENT AND REGULATOR
Provide guidelines and incentives for financial sector actors and their ecosystems to encourage supply and demand for Green Financing
Develop awareness programs to increase awareness of actors in the real sector related to Green Financing initiatives
FINANCIAL INSTITUTIONS
Develop and improve capabilities and capacities to be able to develop products and offerings related to instruments that lead to green and sustainable concepts
|•SOURCE•| Articles :BANKING | Image :BANKING |
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