ABSTRACT

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book shows that the international financial sector and its stakeholders present their viewpoints and share experiences on this sector's role in sustainable development. It attempts to acknowledge the characteristics of sustainable banking. The book provides insight into the role governments, non-governmental organisation and multilateral banks can play in moving towards sustainable development. Policies regarding the role of banks in sustainable development vary significantly from bank to bank. Mainstream commercial banks are offering new investment products that incorporate environmental and sometimes broader sustainability criteria. The impact of environmental performance on the financial performance of banks' products is, in addition to investments, relevant for other activities undertaken by the financial sector. The book also provides insight into current experience on environmental risk management and providers of financial services.