At the 72nd session of the Council for Financial Stability, held on 24 March, the Central Bank of Montenegro (CBCG) adopted the Financial Sector Roadmap Towards Sustainable Finance1 (2025–2028), marking a significant step forward in the transformation of the financial sector towards more responsible and sustainable practices.
This document outlines what the Roadmap specifically means for Montenegrin banks, the obligations it entails, and how Sustineri Partners can support banks in turning these into strategic advantages.
The Roadmap sets out a phased yet structured integration of Environmental, Social, and Governance (ESG) factors across three key pillars:
- Integration of ESG principles
- Climate- and nature-related risk management and supervision
- Sustainable finance flows
Banks that act early will not only reduce regulatory risk, but also strengthen their market position and appeal to investors.






