可持续银行网络（SBN）-全球进展报告（英文版）-2018.2-74页-5mb

Summary of the Sustainable Banking Network (SBN) Global Progress Report, February 2018

Core Content

The Sustainable Banking Network (SBN) Global Progress Report, published in February 2018, provides an overview of the progress made by SBN member countries in advancing sustainable finance. The report is based on a measurement framework developed by IFC and SBN members to assess the adoption and impact of sustainable finance policies across 34 emerging market economies.

Main Points

• SBN Overview:
  The SBN was established in 2012 with support from the International Finance Corporation (IFC) and includes 34 emerging market countries. These countries collectively hold $42.6 trillion in banking assets, which is more than 85% of the total in emerging markets. The network aims to transform financial markets toward sustainability by promoting responsible lending and sound risk management.

• Sustainable Finance Goals:
  To achieve the Sustainable Development Goals (SDGs) and climate targets by 2030, $70 trillion in financing is estimated to be required. Emerging markets, with over $50 trillion in bank assets, are expected to play a major role in this transition.

• SBN Measurement Framework:
  The framework evaluates progress in three key pillars: Environmental and Social (E&S) Risk Management, Green Finance Flows, and Enabling Environment. It is designed to facilitate learning and accelerate change among SBN members.

• Country Initiatives:
  SBN member countries have developed national policies and principles to guide financial institutions in integrating sustainability into their operations. These initiatives vary by country and include mandatory policies, voluntary industry principles, and a mix of both.

Key Findings

• Progression Matrix:
  The report outlines a 5-stage progression matrix to assess the maturity of sustainable finance initiatives across member countries. As of June 2017:

  • 19 members are at the "initiating" stage.
  • 1 member (Ecuador) is at the "formative" stage.
  • 6 members (Kenya, Mexico, Morocco, Peru, South Africa, Turkey) are at the "emerging" stage.
  • 8 members (Bangladesh, Brazil, China, Colombia, Indonesia, Mongolia, Nigeria, Vietnam) are at the "established" stage.
  • No members have reached the "mature" stage, where comprehensive behavior change is demonstrated.

• E&S Risk Management:
  Most SBN member countries have developed policies aligned with international standards, such as the IFC Performance Standards and the Equator Principles. These policies require financial institutions (FIs) to conduct E&S due diligence and report on their performance. Eleven countries have also introduced risk categorization to guide credit decisions. However, continuous monitoring of E&S performance remains an area for improvement.

• Green Finance Flows:
  The report highlights the importance of private sector participation in green finance. In China, the private sector is expected to finance over 85% of the country's total green investment. Several SBN members have introduced market incentives to encourage green lending, such as awards and preferential treatment during supervision. However, few countries have implemented systematic mechanisms to track and promote green finance.

• Enabling Environment:
  The Enabling Environment Pillar assesses crosscutting factors that influence the success of the first two pillars. These factors include regulatory support, stakeholder engagement, and the availability of tools and data.

• Climate Considerations:
  Some SBN members are incorporating climate risk into their national policies and principles. Financial institutions in these markets are developing climate strategies aligned with national commitments, such as the United Nations Sustainable Development Goals (SDGs) and Nationally Determined Contributions (NDCs) under the Paris Agreement.

Conclusion

The SBN Global Progress Report demonstrates that sustainable finance is expanding globally, regardless of a country's income level or development stage. It provides a systematic view of the progress made by member countries and encourages further collaboration and knowledge sharing to accelerate the adoption of sustainable finance practices. The report also emphasizes the importance of continuous improvement and the need for more comprehensive frameworks to support the growth of green finance and environmental and social risk management in the financial sector.