Ion Gumene
The workshop discussed international practices regarding green bonds under the UN Sustainable Development Goals (SDGs) program, as well as opportunities to develop new financial instruments to strengthen capital markets and attract investment for sustainable development. Financial solutions to support climate resilience and energy transition were also discussed.
In his speech, the Secretary of State said that the development of the Moldovan economy creates “both a need and an opportunity to diversify financing instruments for both the state and the business environment”. And “the current context provides an opportunity to analyze the development of thematic financial instruments, such as green and social bonds,” the financial authority quoted him as saying.
Ion Gumene also assured that the Finance Ministry “will continue to support the development of the capital market and the promotion of modern financial instruments aimed at contributing to Moldova’s economic and sustainable development”.
“For the Finance Ministry, the development of the state securities market and the diversification of financing instruments represent a strategic priority in the context of public debt management. In recent years, we have undertaken a number of measures to consolidate this market, including by increasing the transparency of issues, launching the eVMS.md platform and cooperating with rating agencies. It is important that any future initiative is based on the principles of financial sustainability, transparency and economic efficiency. International experience and exchange of best practices are necessary to understand the steps to be taken to develop such instruments in the Republic of Moldova,” said State Secretary Ion Gumene.
