The evolving policies promoting sustainable finance within financial institutions have significantly impacted financing volumes and practices. Key developments from 2019 to 2023 include the introduction of sustainability reporting, the BSP and DOF’s Sustainable Finance Frameworks, and the AFRD Act. The AFRD Act mandates banks to allocate 25% of loanable funds to agriculture and fisheries, allowing compliance through sustainable projects. It supports green and social finance with incentives like reduced reserve requirements for sustainable bonds. The Philippine Sustainable Finance Framework and Taxonomy Guidelines classify and fund eligible projects, emphasizing avoiding prohibited sectors and adhering to environmental and social standards. Understanding these policies helps banks align with sustainability goals and leverage government support.