Geneva occupies a unique position in the sustainable finance world, thanks to its dynamic ecosystem comprised of financial institutions, asset managers, international organisations, NGOs, private foundations, and world-class universities.
With strong support from the city, the canton and the federal government, this diverse community is working together to create a virtuous cycle and accelerate the transition to a sustainable economy.
Geneva is home to the Sustainable Development Goals, the UN’s ambitious agenda to address the 17 major challenges facing our world. Changing the way financial flows are allocated can help speed up progress towards these goals. Over the past 20 years, a growing number of banks and asset managers have adopted sustainable investment strategies. They believe that the key to Geneva's future competitiveness lies in constant innovation and in developing new business activities, such as sustainable finance.
Their commitment and expertise is now globally recognised. The Geneva Financial Center Foundation has been working closely with national industry associations to capitalise on our synergies. The Swiss Bankers Association (SBA) and the Asset Management Association Switzerland (AMAS) have set up branch offices at the GFCF's headquarters in Geneva to focus mainly on sustainable finance, reinforcing the city’s position as a centre of excellence. Unsurprisingly, Geneva is a member, alongside Zurich, of Financial Centers for Sustainability (FC4S), a worldwide network of 25 member cities, which has its headquarters in Geneva.
The bridge connecting Geneva’s left and right banks is more than a popular selfie spot for tourists – it's also a powerful symbol of collaboration. In 2019, the Geneva sustainable finance community came together to organise the first edition of the Building Bridges Summit. The aim was to foster connections between the international organisations on Geneva's right bank and the financial institutions clustered on its left bank. This weeklong event highlighted the financial centre’s expertise in sustainable investing. Following the overwhelming success of this first edition, the “founding partners” – among them the Geneva Financial Center Foundation – are planning a second Building Bridges Week from 29 November to 2 December 2021.