The banking and financial sector can play a leading role in mobilizing, investing and channeling capital towards the Sustainable Development Goals (SDGs) and climate outcomes. To help the banking sector align with these objectives, the Principles for a responsible bank provide a framework to help banks align their strategies with the SDGs and the Paris Agreement. Today, the principles have been signed by more than 270 banks, representing more than 45% of banking assets worldwide.
To further help the banking sector move towards sustainable results, a collective of agencies comprising the Association of Development Finance Institutions in Asia and the Pacific (ADFIAP), the Global Reporting Initiative (GRI), the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the United Nations Environment Program Finance Initiative (UNEP FI) and the World Wide Fund for Nature (WWF) today launched the Finance Flows Sustainable Banking Academy.
The Finance Flows Sustainable Banking Academy is made up of five modules which include:
- Align financial flows with sustainable development goals
- Integrating sustainability into bank governance and culture
- Measure and manage E&S impacts and risks
- Engage clients, clients and stakeholders to develop sustainable financial products
- Sustainability Reporting: An Essential Tool for Improving Corporate Transparency and Accountability
The Academy is based on a series of webinars on sustainable finance for bankers in Southeast Asia organized between October 2020 and January 2021 by the partnership collective Finance Flows. Each webinar has been designed to highlight one of the core principles of the Principles for Responsible Banking. The Academy’s e-learning course content includes 5-10 hours of self-paced content suitable for Southeast Asian banking professionals. Banking professionals will receive a certificate of completion after passing a short exam at the end of each course.
The Finance Flows partnership collective aims to support a system-wide adoption of sustainable finance across the private banking sector. The e-learning courses are designed to engage and equip the banking community to align their practices with sustainable results.
Do you work in the banking sector and want to develop your skills in sustainable finance? Discover the Academy here.
Note to Editors:
The Finance Flows collective is made up of: ADFIAP, GRI, ESCAP, UNEP FI, and WWF-Philippines. Funding for this initiative was provided through the Australian Department of Foreign Affairs and Trade (DFAT) and the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU).