Africa Regulatory Support Programme II (ARSP II)

Project description

ARSP II focuses on supporting regulators and policymakers in developing the right policy and regulatory environment for the mobilisation of green and sustainable finance at scale.

The programme is a ‘Green Plus’ programme, aimed at:

 

1. Supporting policy and regulatory reform through the development of regulatory frameworks that promote the mobilisation of sustainable and green finance through thematic instruments, capital market master plan development and policy support to ministries of finance.
2. Strengthening sustainability reporting mechanisms through the development of ESG frameworks and supporting the implementation of IFRS S1 and S2 standards (on sustainability-related and climate-related reporting, respectively).
3. Enhancing monitoring and supervision of the growing pools of regulated investment funds through the conduct of a targeted regulatory landscape analysis on collective investment schemes and alternative investment funds as well as technical support for the onboarding of appropriate regtech/suptech regulatory solutions to monitor fund performance. 
4. Knowledge management and peer learning through focused research and regional regulator roundtables to ensure that insights and lessons learned are shared with the project beneficiaries and wider audiences.  

Target Results

• Strengthening regulatory frameworks to enable sustainable finance and enhance market confidence. 
• Building the capacity of regulators to effectively supervise and facilitate market development. 
• Promoting the development and adoption of efficient and effective regulatory tools 
• Encouraging peer learning and knowledge sharing among African regulators 
• Increasing investor awareness and participation in African capital markets 

Progress to date

In progress

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