62-2 Roadmap for Sustainable Finance in Georgia

Summary

The Sustainable Finance Roadmap sets out the list of planned actions by the NBG regarding the sustainable finance development. The roadmap summarizes all the possible changes that the NBG intends to implement in the near future with the corresponding timeframe. The ultimate goal of this roadmap is to provide a credible, predictable and stable regulatory framework and prepare the market for transitioning to sustainable finance. The roadmap aims to support incorporation of sustainability issues into decision-making by providing coherent and consistent actions and allowing time for the system to adapt.

Thumbnail image for The Sustainable Finance Roadmap sets out the list of planned actions by the NBG regarding the sustainable finance development. The roadmap summarizes all the possible changes that the NBG intends to implement in the near future with the corresponding timeframe. The ultimate goal of this roadmap is to provide a credible, predictable and stable regulatory framework and prepare the market for transitioning to sustainable finance. The roadmap aims to support incorporation of sustainability issues into decision-making by providing coherent and consistent actions and allowing time for the system to adapt.

Issuer

Georgia

Year

2019

Region

Europe

Issuer (type)

National Bank of Georgia (Central Bank)

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Voluntary

Global Reporting Initiative (GRI)

Other

Main industries targeted

Finance & Insurance
Agriculture, Forestry, Fishing & Hunting
Professional, Scientific, & Technical Services
Mining, Quarrying, Oil & Gas Extraction

Restrictiveness

Low

Sustainable Development Goals (SDGs)

SDG 1: No Poverty
SDG 2: Zero Hunger
SDG 4: Quality Education
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 10: Reduced Inequality
SDG 12: Responsible Consumption and Production
SDG 13: Climate Action
SDG 15: Life on Land
SDG 17: Partnerships for the Goals