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Russia, SCO nations discuss unified standards for sustainable financing

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Moscow [Russia], April 14 (ANI): Russia has called for unified standards on sustainable financing among the member states of the Shanghai Cooperation Organisation (SCO), presenting best practices and proposals to support regional investment and enhance the evaluation of environmental, social, managerial, and non-financial risks, TV BRICS reported. This initiative was proposed by Nikita Kondratyev, Director […]
Russia and other member countries of the Shanghai Cooperation Organization (SCO) are actively discussing the establishment of unified standards for sustainable financing, as reported by TASS news agency. This initiative, led by Russia's Ministry of Economic Development, aims to create a common framework for sustainable development projects within the SCO, which includes countries like China, India, and Pakistan. The discussions are part of a broader effort to enhance economic cooperation and address environmental challenges through standardized financial practices. The move is seen as a step towards greater integration and collaboration among SCO nations in tackling global sustainability issues.

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[ https://theprint.in/world/russia-sco-nations-discuss-unified-standards-for-sustainable-financing/2589623/ ]