Post by Cynthia Ann Page

Excited to share the release of the EBRD special report "Climate transition of the financial sector: the state of play of the EBRD regions - 2025". Our survey of 96 EBRD partner banks across 32 economies uncovers essential insights into climate transition efforts: 🔹 Progress since 2021: noteworthy advancements in awareness, integrating climate considerations into business decisions, and enhanced transparency in climate-related disclosures. 🔹 Challenges: highlighting the necessity for reliable client data, thorough climate risk assessments, and aligning metrics with targets. 🔹 Case studies: featuring success stories from ArmSwissBank Armenia, XacBank Mongolia, DSK Bank Bulgaria, UniCredit Serbia, and İşbank Türkiye including their valuable experiences and practical lessons on climate transition planning. 🔹 EBRD support: how the EBRD's Climate Transition Programme strengthens climate transition planning capabilities of our clients. 🔹 Future outlook: the upcoming two years will be pivotal for accelerating climate transition planning, as many banks aim to develop or finalize their transition plans. Join us in exploring these insights and analyses to collectively drive the climate transition forward. Together, we can cultivate a resilient and sustainable financial sector that aligns with global climate goals. A heartfelt thank you to my co-authors Anna Kowalewska and Jagoda Gregulska. Special appreciation to Francis Malige, Maya Hennerkes, Jana Sivcova, Gianpiero Nacci and contributors Ksenia Brockmann, Vincent Duijnhouwer, Nathalie Larrousé, Ian Smith, Russell Bishop, Divya Chawla, Philip Mantz, Victoria Marino, Alina Mika, Marina Perisic and Helena Schweiger for their valuable inputs. 📖 Read the full report here: https://lnkd.in/eSdcfUsg #GreenFinance #EBRD #ClimateTransition #ClimateAction