The Global Alliance for Banking on Values (GABV) takes a leading role in the debate about how to build a sustainable financial future, and fosters joint projects between its members to help deliver it. It is a both a talking and, crucially, a doing organisation.
Find out how we intend to deliver this ambitious and important target here.
As well as attending events where it can influence the wider financial industry and its impact, the GABV arranges action-oriented meetings for its members. Its second annual meeting was hosted by BRAC Bank, in Dhaka, Bangladesh, in the Spring of 2010 Read more.
Throughout 2010 the GABV is working with MIT research fellow, Katrin Kaeufer, on a project that aims to understand how socially responsible and green banks are building a new economy.
At the Clinton Global Initiative in September of 2009, the GABV made the following commitment.
‘The Global Alliance for Banking on Values will, over three years, assist its members and other sustainable finance institutions to secure $250 million in additional capital to support expansion of nearly $2 billion in lending to unserved communities and individuals, and green projects’. Find out more here.
You can also find out here how three of the network’s members have worked together to create the largest single financing to date of a southern hemisphere development organization expanding into Africa. The BRAC Africa Fund reaches over 700,000 borrowers through over 200 branches in Tanzania, Uganda and Southern Sudan.
As well as promoting a new approach to finance on platforms like the Clinton Global Initiative, in October of this year, GABV Chair and CEO of Triodos Bank, Peter Blom spoke about the work of the Global Alliance at the United Nations Environment Programme’s Finance Initiative Roundtable meeting in Capetown, South Africa. These events are an opportunity to share how the network’s members deliver and the opportunities that their experience presents for a more sustainable future.