It is a fundamental truth – in everything we face, there are two circles of concern that confront us: 1) those concerns that are within your control, and 2) those outside of your control. Quite often, the latter circle is larger than the former. As market practitioners, you need to be mindful of these two circles. What can you control? Certainly your risk appetite.
The BSP’s support to sustainable finance is crucial, especially in promoting and signaling with stakeholders. Nevertheless, private sector response is gaining some ground. In closing, I emphasize that sustainability is more than just a buzzword – it is a way of right living and existence. Sustainable finance is a tool to foster environment and social-friendly businesses and communities towards a climate-resilient Philippine economy.