Greening Financial Institutions »

People | Planet | Prosperity

The world has recently experienced the worst financial and economic crisis since the Great Depression of the 1930s. There is a wide consensus among the financial sector experts, economists, and other stakeholders that financial institutions need to embrace all the three dimensions of sustainability (environmental, social and economical) to address the challenges they face today. A growing number of stakeholders firmly believe that the very survival of financial institutions now depends on their ability to embed sustainability in their core business strategy.

Some of the financial industry players are already successfully turning the current challenges arising in the wake of deepening economic, financial and environmental crisis into opportunities. They are positioning themselves as institutions ready to meet the requirements of next economy – the sustainable economy. And as the transformation to sustainable economy gains momentum, the greening of financial institutions across the globe is now inevitable.

Under the auspices of the World Federation of Development Financing Institutions (WFDFI) and with the support of the City of Karlsruhe, ETECH has jointly launched with the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) the Global Sustainable Finance Network and the Karlsuhe Sustainable Finance Awards. In addition, the Global Sustainable Finance Conference 2013 will be hosted from the 4th to 5th of July in Karlsruhe, Germany. If you are interested in joining the distinguished gathering of stakeholders to address the key challenges and opportunities facing financial sector and debate on the much needed transformation to sustainable economy, please send an email to: sustainability@etechgermany.net

Download The Karlsruhe Declaration drafted during the First Global Sustainable Finance Conference