This week, the Financial Regulatory Commission of Mongolia is sharing its experience in developing and implementing Inclusive Green Finance policies and regulations with staff from Bank of Namibia via an AFI Peer Learning Exchange.

The Namibian delegation was welcomed by FRC Chairman, Mr. T. Jambaajamts, who shared a strategic overview of the Commission’s approach to developing the green finance market, improving the policy environment, and expanding green financial products and investments. FRC experts explained to their Namibian peers how the Commission has introduced sustainable and climate-themed debt instruments into the market, enhanced transparency and disclosure frameworks, and established a unified system for evaluating green projects.

The Namibian delegation also learned about Mongolia’s national sustainable finance ecosystem, trends in inclusive green financing, the development of the green bond market, and policies to strengthen the capacity of financial institutions, including regulatory sandboxes.

The Namibian experts visited commercial banks and non-bank financial institutions, to learn how they have implemented sustainable finance policies and regulations. They also heard from the Mongolian Sustainable Finance Association about initiatives to promote sustainable finance and support green economic growth.

Also read: AFI Inclusive Green Finance Working Group