“We need to start to talk about money in ways that dethrone it and make it subject to human ethics and standards of love and decency.”

Sustainable finance is the process of considering environmental, social, and governance (ESG) factors when making financial investment decisions, leading to long investments in sustainable economic activities and projects. Climate change adaptive capacity, as well as the environment in general, such as biodiversity preservation, pollution avoidance, and the circular economy, are examples of environmental factors. ESG measures are now being used by an increasing number of significant institutional investors in their capital allocation and stewardship criteria. This shift toward sustainable finance, which includes asset management and ownership in addition to socially responsible investing, has far-reaching significance for both investors and businesses.

A sustainable financial centre as a whole is a financial centre that contributes to long-term economic, ecological and social development and value creation. In other words, one that ensures and increases economic efficiency, prosperity, and competitiveness today and in the long run, while also contributing to environmental protection and restoration, cultural diversity, and social well-being.