Panama

Superintendency of Banks issues Circular 058-2023, asking financial institutions to prepare a gradual adoption plan of international sustainability standards issued by the International Sustainability Standards Board (ISSB) IFRS S1 and IFRS S2

The Ministry of Environment launches a Project to develop and enact a "National Taxonomy for Panamá"

The Ministry of Environment launches a Project on "Readiness of Alignment of financial flows of the Panamanian financial sector with the climate change objectives of the Paris Agreement"

Superintendency of Banks issues Agreement No. 011-2022 on Dispositions for Comprehensive Risk Management, complementing Agreement No. 008-2010, establishing definitions of ESG and climate-related risks that financial institutions are expected to consider in their risk management frameworks

Panama Stock Exchange issues Guide for the Voluntary Reporting and Disclosure of ESG Factors

As of December 2020, green bonds to the value of $331 million have been issued

Panama Stock Exchange issues Guidelines for Issuance of Social, Green, and Sustainable Securities

ABP launches the Sustainable Finance Protocol of Panama

ABP issues the Recommendations for the Implementation of the Sustainable Finance Protocol of Panama

ABP hosts a training workshop, Sustainable Finance is an Opportunity for Banks

Panama Sustainable Finance Working Group (Grupo de Trabajo de Finanzas Sostenibles – GTFS) is established to develop a national sustainable finance roadmap, capabilities, and initiatives

ABP joins SBFN