1 2 0 2 2 G 2 0 S U S T A I N A B L E F I N A N C E R E P O R T Sustainable Finance Working Group G 2 0 S U S T A I N A B L E F I N A N C E W O R K I N G G R O U P 2 0 2 2 G 2 0 S U S T A I N A B L E F I N A N C E R E P O R T 2 2 0 2 2 G 2 0 S U S T A I N A B L E F I N A N C E R E P O R T Sustainable Finance Working Group TABLE OF CONTENT Executive Summary ---------------------------------------------------------------------- 4 Developing a Framework for Transition Finance......................................... 4 Improving the Credibility of Private Sector Financial Institution Commitments .............................................................................................. 9 Scaling up Sustainable Finance Instruments with a Focus on Improving Accessibility and Affordability ................................................................... 15 Reporting on progress on the G20 Sustainable Finance Roadmap & 2021 recommendations ...................................................................................... 23 Discussing policy levers that incentivize financing and investment to support the transition ................................................................................ 25 Chapter I - Developing a Framework for Transition Finance ------------------ 26 Pillar 1. Identification of Transitional Activities and Investments ............. 28 Pillar 2. Reporting of Information on Transition Activities and Investments 31 Pillar 3. Transition-Related Financial Instruments ..................................... 33 Pillar 4. Designing Policy Measures ........................................................... 34 Pillar 5. Assessing and Mitigating Negative Social and Economic Impact of Transiti...