Recognition is growing of the pressing challenge of financing sustainable development, and the opportunity it offers for channeling financial capital to productive, profitable and more broadly beneficial uses. The year 2016 is set to be the year of green finance. Across the world, we are seeing a growing number of countries aligning their financial systems with the sustainability imperative.
One avenue that may facilitate further growth is the availability of more information, and more standardised information, than exists currently. Today, the Reserve Bank has put out some enhanced information requirements for repo-eligibility of asset-backed securities.