Answer: IFSCA
Notes: The International Financial Services Centres Authority (IFSCA) invited public comments on the draft framework on sustainable and sustainability-linked lending by financial institutions in IFSCs. The draft guidance seeks to provide a broad framework for the adoption of principles aligned with the existing international standards. It also says that the units will have at least 10 per cent of their loan assets in the form of lending to green facilities from 2023.
