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BANKING ON A SUSTAINABLE FUTURE – 2020 PROGRESS SUMMARY

BANKING ON A SUSTAINABLE FUTURE – 2020 PROGRESS SUMMARY


In Asia, unprecedented short and long term economic and social consequences have resulted from measures to contain COVID-19’s impact on domestic economies. Furthermore, the pandemic exacerbated Asian banks’ limited to non-compliance with environmental, social, and governance (ESG) standards, making 2020 a particularly challenging year for Asian sustainable finance. However, these challenges have also inspired innovative solutions and new ways of working within the Fair Finance Asia network in order to take advantage of new opportunities in financial sector advocacy. Please see the 2020 Progress Summary for Fair Finance Asia here for more details.