Sustainability and the financial sector
This document outlines some of the challenges facing the region’s financial community regarding its contribution to "sustainable development." Strategies and practices which reduce the pressures that economic and community development activities place on the environment in a manner which maintains or enhances economic well-being are often called sustainable development or sustainability programs. The financial sector may have two overall roles to play in promoting sustainable development. First, it could apply principles of sustainability to its internal operations and develop policies and programs to reduce its pollution and waste. Second, it could develop products and services which encourage environmentally sustainable investments and business practices.