Alliance for Green Commercial Banks (Alliance) is a global initiative managed by the World Bank Group's International Finance Corporation (IFC) through the Alliance Secretariat, designed to accelerate green commercial banking in emerging markets. This curated, by-invitation membership platform unites banking leaders and key industry allies to foster green banking through peer-to-peer knowledge exchange, thought leadership, community building, and by facilitating other enablers within the Alliance ecosystem. The Alliance’s first regional chapter was established in Asia, with support from Hong Kong Monetary Authority (HKMA). To further strengthen the ecosystem, Bank of China (Hong Kong), Citi, Crédit Agricole CIB, HSBC, and Standard Chartered have joined as Cornerstone Banks.
In September 2025, we onboarded our first cohort of selected members—leading banks committed to excellence in green commercial banking and dedicated to advancing green financing for a sustainable future. Today, the Alliance proudly welcomes member banks from Cambodia, China, France, Hong Kong SAR, Indonesia, Lao PDR, Mongolia, the Philippines, Solomon Islands, Thailand, Vanuatu, and Viet Nam. As we continue our journey, we look forward to accelerating this green transformation in collaboration with more leading banks across various markets.
AN INITIATIVE OF
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.