The Alliance for Green Commercial Banks

What does it take for a bank to help drive a nation’s clean energy transition? For the Bank of the Philippine Islands (BPI), the journey began early. In 2008, the bank launched its Sustainable Energy Finance team to help ensure that environmentally aligned projects were both technically sound and financially viable. In our latest Meet the Members series, we sat down with Eric Luchangco, BPI’s Chief Sustainability Officer & CFO, to hear how that early move set the tone for BPI’s approach today. BPI has also contributed to pioneering initiatives, including the world’s first Energy Transition Financing Facility (ETFF), supporting the country’s broader energy transition and sector development. Joji Shiraishi, Jo Ann Eala, Allen Forlemu, Thomas Jacobs, Kenneth Hui, Rami Hayek, Christina Ongoma, Arnaud Dupoizat, Andres Gomez, Carlos Serrano, Crispian Cuss, Yat Fei Lau, Alice Suen, Antoine ROSE, Bernardo Contri, Paul E., Paula Leynes Felipe, Xiaoqun Dong, Yolanda Yun Zhu, Anjali Garg

What will it take to build a more resilient future by 2026? The path requires foresight, collaboration, and a steadfast commitment to sustainable investment that fosters a knowledgeable workforce and creates quality jobs. We are pleased to share insightful analysis "Sustainable investing in 2026: The continuing path to a more resilient future" from our member, BNP Paribas. The analysis provides a critical look at the key trends shaping the landscape of finance, including: ♻️ The evolving regulatory environment and the push for robust data. 🔋 The critical role of investment in the energy transition—a major driver of new industries. 💡 The growing importance of nature and biodiversity, which underpins economies and livelihoods. At the Alliance, we are committed to championing the insights and investments that not only build a greener planet but also cultivate the skills and create the jobs of tomorrow. Read the full article from BNP Paribas AM: https://lnkd.in/gUY377Ai  

Sustainability disclosures aren’t optional — they’re key for transparent finance action. 💡 📢 Happening TODAY! The Alliance for Green Commercial Banks, together with United Nations Sustainable Stock Exchanges Initiative, United Nations Environment Programme Finance Initiative (UNEP FI), and Sustainable Banking and Finance Network (SBFN), is hosting a free virtual training to help banks apply IFRS Sustainability Disclosure Standards (ISSB S1 & S2): 🌱 Practical guidance on applying ISSB standards in sustainability and climate reporting 🌱 Insights on how consistent disclosures build market trust and transparency 🌱 Live Q&A with global experts from IFRS Foundation, UN SSE, IFC - International Finance Corporation, and UNEP FI 🕒 Time: 16:00-19:30 HKT/SGT 💻 Free registration: https://lnkd.in/gcmfUkfY Carlos Serrano, Quyen Nguyen, Ralitza Germanova, Hiu-Yan Cheng, Robert Swiatowski, Rong Zhang, Landon Wilcock, Fiona Quinlan-Wells, Anjali Garg, Yolanda Yun Zhu

Did you know that SMEs in emerging markets face one of the world’s largest financing gaps — especially when trading across borders? To help close that gap, Crédit Agricole CIB, a Cornerstone Bank of the Alliance member, and IFC launched a Significant Risk Transfer (SRT) to 🚀 Boost access to trade finance in emerging markets 🔗 Enhance cross-border connectivity 📦 Support the continued flow of goods across global supply chains 👩💼 Create jobs where they are needed most This partnership directly benefits exporters, importers, and SMEs—the backbone of emerging economies—and paves the way for future private sector investment in trade finance. Learn more here: http://wrld.bg/S5HH50XnBOB Carlos Serrano, Xiaoqun Dong, Kenneth Hui, Rami Hayek, Antoine ROSE, Carmen Tsang, Marco Yeung, Joy. Luting HUANG | IFC Asia Pacific

📘 Insights from the newly launched Taxonomy Roadmap Initiative Progress Report. This progress report showcases rapid growth and innovation in sustainable finance taxonomies worldwide: ✅ Over 60 taxonomies have been launched or are in development, with many sharing similar structures and objectives—supporting high-level interoperability. Yet, achieving interoperability at the granular criteria level remains technically complex due to differing methodologies and data gaps. ✅ Taxonomy implementation is still in its early stages, especially in emerging markets. Mandatory applications are rare, and successful adoption requires ongoing support and capacity building. ✅ The use of taxonomies is expanding fast: sustainable debt issuance aligned with taxonomies has surpassed $6 trillion, with annual issuance exceeding $670 billion. ✅ Taxonomies are converging in coverage of climate mitigation, adaptation, biodiversity, and social objectives. ✅ Enhanced coordination and collaboration among partners is critical for global interoperability and evolving taxonomy use. The insights from this report echo the Alliance’s commitment to scaling green finance, building market capacity, and supporting sustainable growth that generates new jobs and opportunities across emerging markets. Read the full text of the Report: https://lnkd.in/e-q2v6Z3 Jamie Fergusson, Allen Forlemu, Christina Ongoma, Rong Zhang, Carlos Serrano, DELGERMAA (Demma) Begz, Yolanda Yun Zhu, Anjali Garg #COP30 #TaxonomyRoadmap #Interoperability #SustainableFinance #PrivateCapitalMobilization

With carbon markets projected to exceed $1 trillion by 2030, commercial banks have a powerful opportunity to lead. Our recent webinar — “Banking on Carbon: Navigating Voluntary and Compliance Carbon Markets” — explored how banks, especially across Asia-Pacific, can engage in both voluntary and compliance carbon markets, including Article 6 of the Paris Agreement, to unlock new revenue streams and advance climate goals. 🎥 Watch the recording to learn: 🌱 How voluntary and compliance carbon markets work — Understand the fundamentals, differences, and evolving policy landscape shaping carbon trading globally and in emerging markets. 💰 How banks can finance and invest in carbon-related projects — Explore opportunities in green lending, carbon credit origination, and structured finance solutions that align commercial incentives with sustainability outcomes. 🔍 Insights from real-world carbon credit transactions — Hear how financial institutions are structuring deals, managing risk, and ensuring integrity in a rapidly maturing market. 🤝 Perspectives from market leaders — Gain actionable guidance from practitioners at IFC, UNEP, Iora Ecological Solutions, and Standard Chartered on building internal capacity, engaging clients, and capturing long-term value in the carbon economy. If you missed it, the recording is now available! 🎥 https://lnkd.in/g4pUyZHp Swapan Mehra, Basak Odemis, Karen Olsen, Lucy Palairet, Carlos Serrano, Sudhir Sharma, Joy. Luting HUANG, Parimita Mohanty, Athena G., Ayako Sakamoto | UN Environment Programme Asia and the Pacific #ClimateFinance #CarbonMarkets #SustainableBanking #GreenFinance #Article6

📢 The Alliance for Green Commercial Banks newsletter is now on LinkedIn Each edition brings you member updates, capacity-building opportunities, and insights on how we’re empowering leaders and institutions to advance green and sustainable finance. 💡 Subscribe to stay connected with the ideas, people, and partnerships shaping the future of banking for impact.

As sustainable finance gains momentum, clear and comparable disclosure standards have become vital for investors, regulators, and financial institutions alike. 💬 On 18 November, The Alliance for Green Commercial Banks, together with United Nations Sustainable Stock Exchanges Initiative (UN SSE), United Nations Environment Programme Finance Initiative (UNEP FI), and Sustainable Banking and Finance Network (SBFN), will co-host a free virtual training to help financial institutions navigate the IFRS Sustainability Disclosure Standards (ISSB S1 and S2). This interactive session—featuring experts from the IFRS Foundation, UN SSE, IFC - International Finance Corporation, and UNEP FI—will offer: 🔹 Practical guidance on applying ISSB standards in sustainability and climate reporting 🔹 Insights on how consistent disclosures can enhance market trust and transparency 🔹 Live engagement with global experts through Q&A discussions 📅 Date: 18 November 🕒 Duration: 3.5 hours 💻 Format: Virtual (free registration: https://lnkd.in/gcmfUkfY) 👉 Join the dialogue on strengthening sustainability disclosure practices across emerging markets. Carlos Serrano, Quyen Nguyen, Ralitza Germanova, Luis Maldonado, Hiu-Yan Cheng, Robert Swiatowski, Rong Zhang, Jana Mudronova, PhD, Tiffany Grabski (MBA, PhD), Landon Wilcock, Fiona Quinlan-Wells | IFC Climate & Sustainability, IFC Asia Pacific #SustainabilityReporting #IFRS #ISSB #AllianceForGreenCommercialBanks

Viet Nam is strengthening its commitment to green and sustainable finance—and collaboration plays a vital role. We’re delighted to welcome VPBank (Vietnam Prosperity Joint Stock Commercial Bank) to the Alliance, joining a growing network of regional leaders driving the transition to a low-carbon economy. 🌏 As one of Viet Nam’s leading commercial banks, VPBank brings extensive experience in sustainable finance and innovation, aligning with the country’s net-zero ambitions and supporting the creation of green jobs and inclusive economic opportunities. Through the Alliance, VPBank will collaborate with peers across the region, exchange practical insights, and contribute its expertise in mobilizing finance for climate and sustainability solutions that benefit both people and the planet. #GreenFinance #SustainableBanking #Vietnam #GreenCommercialBanks Allen Forlemu, Christina Ongoma, Thomas Jacobs, Tran Minh Hoang, Huong Mai, Carlos Serrano, Xiaoqun Dong, Kenneth Hui, Rami Hayek, Alice Suen, Crispian Cuss, Yat Fei Lau, Antoine ROSE, Chaoni Huang, Weichuan Xu, Daniel James Crabtree, Kevin Matthees, Disha Pandey, Xiaoqun Dong, Joy. Luting HUANG | IFC Asia Pacific, IFC Climate & Sustainability, IFC Financial Institutions

💡 Insights from the SBFN 2025 Global Progress Report: Across 28 Sustainable Banking and Finance Network (SBFN) members in 17 countries, Asia Pacific is strengthening its financial systems to be resilient, sustainable, and aligned with global best practices. Across the region, countries are taking concrete steps to make finance more sustainable: 🌿 Fiji has introduced climate risk frameworks 🏦 Thailand and other East Asian countries are developing taxonomies guided by ASEAN standards 💚 Pakistan and Sri Lanka are issuing green bonds 💡 Financial institutions in Indonesia, Mongolia, Bangladesh, and Nepal are enhancing resilience through climate scenario stress tests and tools to manage climate-related risks. Together, IFC initiatives such as SBFN and the Alliance for Green Commercial Banks are driving systemic progress——from policy to practice—across Asia-Pacific’s financial sector. 🔗 Learn more in the SBFN 2025 Global Progress Report: http://wrld.bg/rTEN50XiWa8 Rong Zhang, Carlos Serrano, Taeko Hagihara, Joy. Luting HUANG, Luis Maldonado, IFC - International Finance Corporation, IFC Climate & Sustainability