5 October 2017
05 October, 2017
During UNEP FI’s Europe Roundtable on October 17th, Nick Robins, Co-Director of the UN Environment Inquiry, along with Philippe Zaouati, CEO of Mirova and chair of Paris’ Finance for Tomorrow Initiative, will discuss the “Casablanca statement on financial centres and sustainability”, a result of the first ever international meeting of financial centres held in Casablanca on September 28, 2017.
To build on the positive momentum and shape a practical agenda for this new network of financial centres for sustainability, Casablanca Finance City Authority (CFCA) and the UN Environment Inquiry hosted the meeting where over 10 of the world’s leading financial centres agreed to join forces to promote climate change and sustainable development. Representatives from Astana, Casablanca, Dublin, Hong Kong, London, Luxembourg, Milan, Paris, Qatar, Shanghai, and Stockholm attended the meeting and agreed on the statement to commit to action.
Financial centres complement the work of UNEP FI, playing an important role in driving action and accelerating the expansion of green and sustainable financial services across banking, capital markets, investment and insurance. The positive feedback from financial centres is making the outlook of progress more feasible. London, Shanghai, and Paris have expressed their willingness to connect with other financial centres in the network to share best practice and agree on common principles. To learn more on the state of green finance, read our recent article here.