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Leaving No One Behind: Unlocking Finance in Emerging Markets

Year Published

2025

Contributing Organizations

International Finance Corporation (IFC)
Sustainable Banking and Finance Network (SBFN)

Type of Resource

Research/Insights Report
Guidance

Languages

English

Relevant Topics

Core Topic
Climate Policy & Policy Engagement

Target Audience

Advisors & Consultants
Banks
Financial Services Providers
Governments & Policymakers
Insurers

Relevant Geography

Global

Resource Description

This resource outlines a framework for Inclusive Sustainable Finance (ISF) in emerging markets and developing economies (EMDEs). It provides conceptual definitions, policy recommendations, and implementation pathways to help ensure sustainable finance also promotes financial inclusion.

Why This Matters

ISF provides an opportunity for EMDEs to align climate finance with inclusion goals, helping to ensure the transition to a sustainable economy does not leave behind the most vulnerable populations and sectors.

Key Insights

  • Defines ISF as sustainable finance practices targeting marginalised or excluded populations and sectors to improve access to capital for green transition, resilience, and climate adaptation
  • Identifies five building blocks: preventing exclusion, improving access, driving innovation, enhancing stability, and promoting policy coherence
  • Notes EMDEs require $2.3–$2.5 trillion annually by 2030 to meet Paris Agreement targets

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