Global Insights Unveiled: Recap of the Members Webinar with IFC

On April 8th, 2026, the Chamber hosted an informative webinar featuring Sameer Chand from the IFC, who shared key insights on advancing green finance in Papua New Guinea. The session focused on sustainable finance frameworks, green taxonomy, and thematic bonds, highlighting PNG's progress and future opportunities in this critical area.

Sameer explained the global shift towards mainstreaming sustainable finance and the importance of regulatory frameworks, risk management, and private sector mobilization to support climate and development goals. He detailed IFC’s ongoing support to PNG, including developing environmental and social risk management guidelines, updating the green taxonomy, and creating guidelines for thematic bonds.

A significant part of the discussion centered on PNG’s Green Finance Taxonomy, a classification system designed to define environmentally sustainable activities. The updated taxonomy aims to enhance market clarity, reduce greenwashing, and facilitate green loans and bonds. Sameer also discussed the potential of thematic bonds—such as green and social bonds—to finance targeted projects and promote sustainable investment.

The webinar included a Q&A session, addressing topics like commodity inclusion in green bonds, the issuance of corporate green bonds in PNG, and potential incentives for green financing. Sameer emphasized that while PNG’s green finance journey is still developing, the frameworks and guidelines being established are essential steps toward mobilizing private capital and achieving national climate commitments.

The Chamber thanks IFC and all participants for a lively discussion and looks forward to further engagements in this vital sector.