EMSD serves as an independent knowledge platform and incubator for the promotion of sustainable finance in and with emerging markets. We build our work on years of multi-stakeholder engagement with change makers from the private and public sector to advance the global debate and action on building a sustainable financial system that is aligned with the global goals of the 2030 Agenda and the Paris Agreement. To our partners, we offer technical expertise, financial support and the reach of GIZ’s global network to help implement and scale innovative solutions for sustainable finance.
To help develop a sustainable financial system that serves both people and the planet
Delivering the targets of the Paris Agreement and the Sustainable Development Goals does not only require massive public and private investments in a sustainable future – it also requires a fundamental socio-economic transition supported by a financial system that is aligned with sustainable development. In recent years, new approaches, strategies, standards and tools have emerged, driven by the G20’s Green or Sustainable Finance work streams, the FSB’s Task Force on Climate-related Financial Disclosures (TCFD), the Central Bankers’ Network for Greening the Financial System (NGFS), the Principles for Responsible Investment (PRI) as well as numerous other public and private sector initiatives. Yet, shortcomings in data, tools and capacities as well as structural challenges concerning environmental, social and economic risks and opportunities constrain the mainstreaming of sustainability considerations in financial decision-making.
Developing and scaling innovations to mainstream sustainability in the financial system
EMSD seeks to advance the development of sustainable financial systems that foster the transformation towards economies that positively affect the environment and human lives. To achieve this, EMSD collaborates closely with banks, institutional investors, stock exchanges, financial policymakers and regulators, as well as other market participants from G20 economies to integrate environmental, social and governance (ESG) indicators into mainstream financial decision-making processes, risk management, product and market development as well as knowledge products. Jointly with our partners, we develop and pilot the implementation of sustainable solutions by doing research, developing and adopting methodologies and tools as well as strengthening technical capacities and dialogue among stakeholders with the aspiration to scale sustainability tools and strategies across sectors and regions.