Competition for the 2025 CBCG Green Award
23/05/2025
The CBCG announced the Competition for granting the “2025 Central Bank of Montenegro Green Award” for the best paper on climate change’s effects on the financial system.
The Award aims to encourage scientific thought and raise social awareness on climate change challenges, focusing on climate change’s effects on the financial system.
The CBCG Green Award, presented to celebrate the Ecological State of Montenegro Day, 20 September, includes the plaque and a cash amount of 3,000.00 euros.
Citizens of Montenegro who have acquired a university degree of at least VI level (180 ECTS credits) at a university, faculty, or college in Montenegro or abroad may participate in the Competition. The deadline for submitting the papers is 15 August 2025.
Submitted papers should meet the criteria of innovation, theoretical and empirical contribution to the affirmation of best practice for the actions of central banks and other financial system regulators and supervisors, international organisations and institutions, credit institutions and/or other financial system institutions, on the climate change challenges and their impact on financial system stability. Submitted papers must neither have been previously published, nor, at the same time, sent for consideration or accepted for publication by other institutions or journals.
With the Green Award and many other activities, the CBCG aims to raise social awareness of the challenges of climate risks and encourage credit institutions to intensify their efforts to minimise these risks in their operations.
We remind you that the Financial Stability Council adopted the Financial Sector Roadmap towards Sustainable Finance to harmonise the operation of the financial system of Montenegro with European and global standards of sustainable development and ESG principles. This document provides a structured approach to integrating environmental, social and governance criteria in financial decision-making, strengthening economic resilience and encouraging social equality, thereby contributing significantly to the transition of the entire society towards sustainable development.