The Sustainable Finance Institute Asia (“SFIA”) is an independent institute established to catalyse ideas on Sustainable Finance at the policy level, as well as propel action in support of those policy ideas in Asia, particularly in ASEAN. It aims to provide thought leadership and act as a one stop centre for Sustainable Finance in ASEAN through collaborations with governments, regulators, central banks, multilateral development banks, industry, academia and non-governmental organisations.
SFIA a neutral platform for Sustainable Finance that provides unbiased and credible policy recommendations and implementation support to countries in the region, particularly ASEAN countries;
We adopt an open architecture approach where both financial and resource partners will be encouraged to work with, and through, the Institute while keeping the actions and the outputs of the Institute unbiased and credible.
SFIA will provide a space for governments, research and academia, civil society and industry to identify issues, exchange ideas, develop strategies and implement solutions on Sustainable Finance.
SFIA’s open architecture model allows the participation of other subject matter experts to enable it to provide informed and enlightened policy ideas.
we are passionate about our mission and we are committed to it
we respect each other and the diverse views of our stakeholders
we will find a way to get things done and overcome challenges
we will remain independent in the way we conduct ourselves and always act with integrity
we don’t wait for the perfect opportunity, but instead make every opportunity count.
SFIA drives its Sustainable Finance efforts through two inter-related and synergistic tracks – Green Finance and SDG Finance. Both these tracks will be integrated at the strategic level are executed through addressing policy and enabling action.
The ASEAN Taxonomy Board (ATB) is set up under the auspices of the ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) and is jointly driven by the ASEAN Capital Markets Forum (ACMF), the ASEAN Insurance Regulators’ Meeting (AIRM), the ASEAN Senior Level Committee on Financial Integration (SLC) and ASEAN Working Committee on Capital Market Development (WC-CMD).
The ATB will develop, maintain and promote a multi-tiered ASEAN Taxonomy for Sustainable Finance (ASEAN Taxonomy) that will identify economic activities that are sustainable and help direct investment and funding towards a sustainable ASEAN.
The ASEAN Taxonomy will be the overarching guide for all ASEAN Member States (AMS), complementing their respective national sustainability initiatives and serving as ASEAN’s common language for sustainable finance. It will be designed to ensure that AMS have a framework that suits their economic and social structures that other frameworks may not be able to address.
Transition is a key element of ASEAN’s sustainability agenda and the ASEAN Taxonomy will incorporate an effective pathway to enable an orderly transition.
The members of the ATB comprise representatives of ACMF, AIRM, SLC and WC-CMD. The inaugural Board comprises eight (8) Members, as follows:
The ATB is overseen by the AFMGM with the Sustainable Finance Institute Asia (SFIA) providing administrative support as host of the ATB.