This Group has made rapid progress and has taken several initiatives to promote sustainable finance, including some supporting biodiversity conservation. These initiatives are in line with the international priorities stemming from the United Nations COP26 on climate change and the COP15 on biodiversity, both to be held this year, and help prioritise these key policy issues.
In particular, the Group has proposed a sustainable finance roadmap that will be instrumental in future years to address the priorities defined by the G20. The roadmap covers four areas: (1) market development and alignment of financial flows to climate goals; (2) information on sustainability risks and opportunities;(3) management of climate and sustainability risks; (4) public finance and incentives.