Aidar Kazybayev, the Chief Executive Officer of the AIFC Green Finance Centre, took part in the expanded meeting of the Supervisory Board of the Financial and Business Association of Euro-Asian Cooperation. The meeting was held on December 8, 2021, at the EEC under the chairmanship of the Member of the Board (Minister) in charge of Economy and Financial Policy of the Eurasian Economic Commission, Ruslan Beketaev with the participation of the Association of Banks and the business community of the EAEU countries, as well as representatives of the Moscow Exchange.
Having presented in detail the work of the Centre within the framework of the panel session on the topic of “The future of the financial markets of the EAEU: green financing and digitalization”, A. Kazybaev made several proposals on possible prospects for cooperation with the FBA EAC and the EEC. In particular, on the development of joint ESG programmes, the provision of services for the verification of sustainable financing projects, as well as joint research and seminars in the field of green and social finance.
As a result of the meeting, the agreement was reached to hold the next meeting of the Advisory Committee on Financial Markets at the AIFC site in the first quarter of 2022 with the participation of all representatives of the EAEU member states in person.
Beketaev and the members of the Board of the FBA EAC praised the active role of the GFC in the development and popularization of green finance instruments and sustainable development of the EAEU member states, expressing an intention to continue cooperation, including the creation of the working group on holding a joint FinTech forum and discussion of the development of digital currencies within the AIFC-based Advisory Committee.
Beketaev also said that “green financing is an urgent issue for the Eurasian Economic Union” and noted the need to initiate discussion of ESG issues within the EEC Board.
