MEDIA RELEASE 27 October 2022
ASEAN Capital Markets Forum: Addressing the Challenges Related to Sustainable Development, Inclusivity and Resiliency for the Benefit of the Member States The ASEAN Capital Markets Forum (ACMF) has achieved its commitment in 2022 to promote Sustainable Development, Inclusivity and Resiliency, despite the impact of the global economic downturn and COVID-19 pandemic. The ACMF convened its 37th ACMF Chairs’ Meeting today at Sofitel Phnom Penh Phokeethra Hotel, Phnom Penh, Cambodia, hosted by the Securities and Exchange Regulator of Cambodia (SERC). The Meeting endorsed the ASEAN Sustainability-Linked Bond Standards and the ASEAN Sustainable and Responsible Fund Standards, which will support ASEAN in narrowing the gap toward the 2030 Agenda in combating climate change. In addition, the endorsement of these two standards indicated the group’s commitment to meet the ACMF Action Plan 2021-2025 Strategic Objectives. The meeting also took note of the progress in the development of the ASEAN Taxonomy for Sustainable Finance by the ASEAN Taxonomy Board (ATB), of which the ACMF is one of its four component sectoral bodies. Following stakeholder consultations on Version 1, which involved the public and private sectors as well as international standards setters, inputs received will be used by the ATB in developing the next version of the ASEAN Taxonomy.
