Building strong foundations for sustainable finance in the Arab World

Some regulations and policies have begun to be adopted in the Arab World, according to a new UNEP FI reportAwareness gaps about the differentiation between sustainable finance & philanthropy and humanitarian finance slow developmentAs regulators build their own capacity on sustainable finance across the region, financial institutions that aren't yet preparing will be left behind

We are in the early stages of regulators and the financial sector adopting frameworks for sustainable finance in the Arab World, according to a new report from UNEP FI. Many challenges remain: not least the limited capacity in financial institutions. UNEP FI found some financial market policy guidance that has been issued to cover ESG disclosure in five of the six Arab countries it reviewed (Saudi A...