Brunei central bank launches sustainable finance roadmap

BANDAR SERI BEGAWAN, Nov. 26 (Xinhua) -- Brunei Darussalam Central Bank (BDCB) has launched the nation's Sustainable Finance Roadmap (SFR) themed "A Sustainable and Climate-Resilient Financial Sector."

The SFR, launched on Tuesday, serves as a strategic guide for the financial sector in adopting and integrating sustainable finance, encompassing climate adaptation and mitigation measures.

The central bank said its strategic directions are designed not only to set out the foundations for the adoption of sustainable finance, but also to ensure a just, orderly, and whole-of-nation approach that enables effective implementation across the financial sector.

Brunei's Minister of Primary Resources and Tourism Haji Abdul Manaf Metussin, also the chairman of BDCB's Board of Directors, highlighted the growing importance of integrating environmental, social and governance (ESG) considerations within Brunei's financial sector.

He called on the industry to strengthen sustainability strategies, enhance transparency, and collaborate closely with the government and development partners.

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