Inter-agency Technical Working Group on Sustainable Finance or the Green Force
The BSP actively participates in the Inter-agency Technical Working Group on Sustainable Finance or the “Green Force”.
This is composed of financial sector authorities and critical government agencies which include the Department of Finance,
Climate Change Commission, BSP, Securities and Exchange Commission (SEC), Insurance Commission (IC), Department of Energy,
Department of Environment and Natural Resources, National Economic and Development Authority, among others.
The Green Force is tasked to support and contribute to the acceleration of the development of a sustainable economy. In line
with this, it will identify pipeline of sustainable investments, mobilize financing sources, and harmonize and coordinate
policies and projects across all government agencies, among others.1
The Green Force has released and launched in October 2021 the (i) Philippine Sustainable Finance Roadmap and
(ii) Sustainable Finance Guiding Principles.
1 The Philippine Sustainable Finance Roadmap, October 2021