At a Glance
|Publication Date||March 2022|
|Thematic Areas||Green Finance, Climate Finance, Green Growth|
Considering the interest and commitments undertaken by CNBV to advance in the integration of ESG standards in the Mexican financial sector, during the period between March, 2021 and February, 2022, CNBV received technical assistance from the Global Green Growth Institute (GGGI), funded with resources from the UK Government’s Pact for Accelerated Climate Transitions (UK PACT). UK PACT is a program of the government of the United Kingdom that supports partner countries in their efforts to move towards clean growth. UK PACT responds directly to the demands identified by partner governments by providing grants to implementing partners such as GGGI. The project “Accelerating green financing flows by strengthening CNBV,” financed by the UK PACT encompassed a series of activities with CNBV. The activities include the integration and disclosure of ESG information and climate risks intended to a) strengthen institutional capacities, b) increase knowledge, c) provide a tool for regulated financial entities to self-assess such matters, and d) plan outreach activities to disseminate and promote the institutional work in such areas. The objective of the project is to contribute to current institutional efforts to advance with the fulfillment of the 2030 Agenda and the Paris Agreement.