The Mongolian Bankers Association (MBA) in cooperation with the Ministry of Environment and Green Development, Bank of Mongolia, International Finance Corporation (IFC), the Dutch Development Bank (FMO) and it’s member banks are organizing the “Mongolian Sustainable Finance Forum 2014” under the theme “Sustainable Finance: Creating Sustainable Development through Collaboration” on December 16, 2014 in Ulaanbaatar, Mongolia.
As the Mongolian banking sector is ready to launch the Mongolian Sustainable Finance Principles from 2015, the aim of the event is to bring together high-level participants from government agencies, banks, ministries, environmental NGOs, bank clients, international organizations and other key stakeholders to discuss the upcoming changes in the Mongolian banking sector related to sustainable finance as well as share views on the further development of sustainability and green economy in Mongolia.
By implementing the Mongolian Sustainable Finance Principles, banks will consider E&S impacts in their operations and in the development of their products and services which will form the basis for sustainable finance in Mongolia. Banks will aim to protect the natural environment, people and communities, and cultural heritage, promote green economic growth, financial inclusion, ethical finance, corporate governance, and transparency and accountability as well as practice all of these principles and report on a regular basis on their progress.
For further information of the event, please visit the MBA website: http://mba.mn/sustainable-finance-in-mongolia/