Maldives Finance Forum Calls for More Investment-Ready Climate Projects
- The 13th Maldives Finance Forum drew over 130 attendees, urging clearer regulations and investment-ready climate projects.
- Finance Minister Hassan Zareer highlighted the National Sustainable Finance Roadmap and MFLC's Green Climate Fund accreditation.
- Panellists explored financing options including green and blue bonds, international climate funds, and sustainable loans.
The Maldives Finance Forum concluded on Saturday with calls for clearer regulations and more climate projects that can attract financing.
More than 130 policymakers, financial sector representatives and industry experts attended the 13th edition of the forum at dusitD2 Feydhoo Maldives on 14 November. The Maldives Pension Office organised the event in collaboration with UNDP Maldives.
Finance Minister Hassan Zareer said investors need clear rules, reliable information and credible projects before committing funds. He cited the National Sustainable Finance Roadmap and the accreditation of the Maldives Finance and Leasing Company as the country’s first national Direct Access Entity to the Green Climate Fund.
Pension Office Chief Executive Officer Yazmeed Mohamed said the office was exploring opportunities to support climate financing. The pension fund’s net assets passed MVR 30 billion this year, and Yazmeed said protecting members’ retirement savings would remain the priority when assessing green investments.
Panellists discussed how better environmental reporting and closer tracking of climate-related spending could inform investment decisions. They also examined potential sources of financing, including green and blue bonds and international climate funds, alongside options for offering sustainable loans and leasing in the domestic market.
