in a national sustainable finance roadmap). through an action plan for an authority) or to reflect several / all actor groups (e.g. When applying the SF Navigator, it is possible to develop actions for a single actor group (e.g. It will allow the respective actors to position themselves more easily in the international sustainable finance context, helping the financial sector to gain a competitive edge. The SF Navigator will steer discussions in a structured way so that stakeholders are enabled to have a joint platform for interaction. The SF Navigator is a diagnostic tool that helps national governments, regulators, and other public authorities take stock of and analyze existing sustainable finance policies, regulations and sector practices assess gaps and constraints in the policy and regulatory landscape and identify opportunities to leverage sustainable investments more effectively. Country ownership in the development and implementation of actions is at the core of the SF Navigator philosophy. The SF Navigator is output- and needs-oriented. The SF Navigator can support countries in their sustainable finance efforts through advisory work and technical assistance (TA) by identifying gaps in the existing framework and establishing an enabling environment in the respective countries. The menu of actions is a comprehensive list of potential measures available to the key actors involved in the transformation of the financial system. The SF Navigator structures policy and regulatory action on sustainable finance by groups of actors groups and broad action areas, resulting in a flexible menu of actions. The SF Navigator can be used to lay the foundation for a strategic national or institution-specific sustainable finance strategy and action plan, and support public actors in charge of sustainable finance to strengthen their positions and build alliances within national and international sustainable finance initiatives and forums. It is a comprehensive guidance tool to assist developing and emerging countries in increasing the sustainability in their financial system based. The SF Navigator aims to provide a well-structured, comprehensive but flexible answer to this challenge. Please find here the SF Navigator Report. This requires a well-structured comprehensive yet country-tailored and flexible approach to involve public and private stakeholders in a most efficient way. The creation of sustainable financial systems is a complex multi-stakeholder and multi-level action task. This is why Frankfurt School and GIZ have jointly developed the SF Navigator. These national and regional policy instruments and regulations are often fragmented and lack a holistic and systematic approach to achieve the structural transformations of the national economic and financial system necessary. In the recent years, new sustainable finance strategies and tools have been developed on an international, national and regional level such as the EU Action Plan on Financing Sustainable Growth. Both public sector institutions and private actors play key roles in “making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development” (Paris Agreement Article 2.1.c) and aligning financial flows with the UN SDGs. This maxim applies to the financial sector and the real economy alike and results in the need for new rules, business models, innovation and incentives. The challenge to achieving the targets of the Paris Agreement and the United Nations Sustainable Development Goals (UN SDGs) is enormous – all economic sectors around the globe need to transform the way of creating welfare for society.