John Alexon
UI Designer
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Building a Greener Future Together
We are committed to protecting nature, promoting sustainability, and inspiring eco-friendly actions worldwide.
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About Us
Driving Inclusive Green Growth for PNG’s Future
The Green Finance Centre’s (GFC) primary role is to transform Papua New Guinea’s financial sector into one that is inclusive, climate resilient and promotes green economic growth. It serves as the entity responsible for implementing the Inclusive and Green Finance Policy (IGFP) and all future initiatives related to green finance in Papua New Guinea.
Our Mission
The Green Finance Centre’s mission is to lead the transformation of Papua New Guinea’s financial sector into one that is sustainable, resilient, and inclusive.
What We Do
Our Main Areas of Work
For the Green Finance Centre (GFC) to achieve its mission, it will undertake three main areas of work.
Green Taxonomy
Roadmap Execution
Public Awareness
Green Taxonomy
Green Taxonomy
Roadmap Execution
Public Awareness
Revising and Updating PNG’s Inclusive and Green Taxonomy.
The taxonomy is the key feature of the IGFP. It is a classification system that translates PNG’s climate, environmental, and sustainable development targets into a list of specific goods or services. It must be updated regularly to reflect changes in these targets and the country’s socioeconomic circumstance, vulnerability to climate change, etc. The Green Finance Centre will lead such revisions and updates by consulting local financial institutions and line ministries.
Executing the Implementation Roadmap.
One of the key components of the IGFP is the implementation roadmap. The roadmap lists various programs and activities on matters ranging from governance and standards to disclosure to be undertaken by financial regulators and local financial institutions. The Green Finance Centre will coordinate the timely and effective execution of the implementation roadmap by providing technical input and resources, among others to green PNG’s financial sector.
Awareness Campaigns and Dissemination of Knowledge
Products.
Green Finance Centre’s role is to observe all major developments in the green finance space, both within PNG and internationally, and conduct awareness-raising campaigns and publish knowledge products. Countries that finalized their taxonomies have done so only in the past two years, and most financial institutions are still trying to understand what the taxonomy is, why it is important, and how best to integrate its requirements into their operations.
Our Key Functions
Our Commitment to Sustainable Growth – Climate, Finance & Resilience
Our Team
Meet Our Team Members
Shared Goals
Our Partners & Networks