Working Groups

Financial institutions have an essential role in building sustainable development. Although compared to other economic sectors banks generate a smaller direct social-environmental impact, they have the important responsibility for granting credit and for financing projects that can cause large social-environmental impacts. For this reason financial institutions increasingly need to deal with social and environmental criteria in addition to the traditional economic-financial evaluation of the projects, making the analysis much more complex. The banks that take the lead in strengthening their evaluation capabilities will have an advantage.

Officially launched in 2005, the Thematic Chamber for Sustainable Financing gathers the largest financial institutions in Brazil and has already consolidated its position as a promotion source for a new development model, working with leading edge themes for the financial sector. CTFin helps encourage financial institutions to take on their role in promoting sustainable development, stimulating the discussion of principles and better practices.