capco institute journal #56

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WHY SWITZERLAND IS ONE OF THE LEADING HUBS FOR SUSTAINABLE FINANCE AND HOW TO SUPPORT THIS FURTHER

 

AUGUST BENZ | Deputy CEO and Head Private Banking and Asset Management, Swiss Bankers Association (SBA)
ALANNAH BEER | Sustainable Finance Associate, Swiss Bankers Association (SBA)

Who, or more specifically which jurisdiction, leads the way in sustainable finance? To answer this question, this article aims to define the requirements for a leading center of sustainable finance, explains why Switzerland is in a position to meet them, and sets out what proactive measures the industry has taken in support of this initiative. There is still room for further development going forward. It is also important to embed sustainable finance in a broader context and to keep in mind that, while sustainable finance is a key driver of sustainability, it ultimately cannot solve everything.