02/06/2026
Nasfund CEO Highlights Governance at Green Finance Summit
Port Moresby
Papua New Guinea’s push towards sustainable finance took centre stage this week as industry leaders gathered at the Hilton Port Moresby for the 2026 Green Finance Summit. Among them, Nasfund Chief Executive Officer, Mr. CA Rajeev Sharma , CPA , GAICD, joined fellow leaders on a discussion panel to share insights on how institutional investors can help drive responsible and impactful investments across the country.
Speaking on Day Two of the summit, Mr. Sharma was part of session 7’s panel discussion on Sustainable and Impact Investment Opportunities in PNG. He joined key industry leaders including Kumul Consolidated Holdings Chief Investment Officer, Mr. David Kitchnoge; Nambawan Super Limited CEO, Mr. Lachlan Baird; Northlake Breeze Estate Management Director, Mr. Andy Chan; and Total Waste Management Ltd Government and Corporate Affairs Lead, Mr. Bruno Siare.
The panel focused on how institutional investors and businesses can play a stronger role in supporting sustainable growth in Papua New Guinea through responsible investment.
During the discussion, Mr. Sharma highlighted governance, the “G” in Environmental, Social and Governance (ESG) principles as the area Nasfund places the strongest emphasis on. He stated that “maintaining strong governance practices is essential in ensuring transparency, accountability, and long-term sustainability in investment decisions.” Sharma also suggested issuance of tax-free green bond so that the private sector can participate.
CEO Sharma stressed that governance is particularly important in the current environment, given Papua New Guinea’s Financial Action Task Force (FATF) grey listing exposure, and the need for institutions to maintain credibility and trust with offshore investment partners.
He also outlined Nasfund’s future approach to sustainable investment, noting that “the Fund is closely monitoring developments from the Green Finance Centre, particularly its work on establishing a national green finance taxonomy to guide investment decisions.”
The Green Finance Summit, held over two days, brought together leaders from government, financial institutions, and the private sector to advance practical solutions for green and sustainable finance in Papua New Guinea, as the country continues its transition towards a more resilient and inclusive economy.
