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G20 Sustainable Finance Working Group aims to mobilise sustainable finance

To ensure global growth and stability, the G20 Sustainable Finance Working Group (SFWG) has proposed to mobilise sustainable finance to promote the transition towards greener, more resilient and inclusive societies and economies. The main purpose of the Group, which concluded its fourth and last meeting under India's G20 presidency on Thursday, is to advance international work to help scale up private and public sustainable finance and in doing so, accelerate the implementation of the Paris Agreement and 2030 Agenda for Sustainable Development. The G20 Sustainable Finance Roadmap, as finalized in 2021, is the core around which the SFWG functions and takes up future work, the finance ministry said in a statement after conclusion of 2-day meeting in Varanasi. Towards this end, the SFWG in 2023 carried out work for enabling finance for SDGs along with the mobilisation of timely and adequate resources for climate finance as agenda priorities, it said. The SFWG during India's G20 ...

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