The Governor of the National Bank of Moldova, Anca Dragu, spoke about the progress and prospects of the Republic of Moldova at the Global Meeting of the International Sustainable Banking and Finance Network (SBFN), organized on the occasion of the G20 Sustainable Finance Working Group, an event of global importance held in Rio de Janeiro, Brazil.

Anca Dragu took part in the SBFN Members' Highlights panel, where she presented the theme of sustainable financing from the perspective of the National Bank of Moldova: the commitment to the development and implementation of a national framework in the field, aligned with international and EU best practices. At the same time, she shared NBM's experience regarding the elaboration and development, in cooperation with the International Finance Corporation of the World Bank Group (IFC), of the roadmap for sustainable financing.

„Our strong commitment to sustainable financing is reflected in the concrete steps we have taken in collaboration with international partners and leading financial institutions. This approach not only aligns the Republic of Moldova with the best global practices, but also contributes to the consolidation of a resilient economy, to building a prosperous future for all citizens", declared the NBM Governor.

Anca Dragu represented the National Bank of Moldova, thus marking a historic premiere for the institution's participation in this high-level international forum. During the event, the NBM Governor also had bilateral discussions with counterparts from other countries, which aimed to exchange best practices in the field of sustainable financing.

The SBFN Global Meeting, now in its 8th edition, takes place on 11-12 September 2024 and is held under the auspices of the G20 Sustainable Finance Working Group (SFWG), which aims to mobilize sustainable finance as a way to ensure global economic growth and stability and to promote the transition to a greener, more resilient and inclusive economy. .

The event in Rio de Janeiro brings together over 40 sustainable finance leaders, central bank governors, including high-level representatives from the SFWG, members of the SBFN, experts from the World Bank and the International Finance Corporation (IFC).

Last year, the National Bank of Moldova joined the International Sustainable Finance Network (SBFN) - a voluntary community of financial sector regulators, central banks, finance ministries, environmental ministries and industry associations from emerging markets, committed to promoting sustainable financing. The NBM's accession to the SBFN will allow the financial system of the Republic of Moldova to be aligned with the national and global priorities in this field.