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BPFI Supports Sustainable Finance Climate Week

5th November 2018

As Climate Week gets underway today, BPFI is pleased to support the campaign which this year focuses on sustainable finance innovation.

In particular, BPFI is delighted to be part of the 2018 Climate Innovation Summit in Dublin Castle where 600 decision makers from across Ireland and Europe will convene to discuss innovative finance solutions that will accelerate climate action. Organised by Europe’s climate innovation body EIT Climate-KIC, the summit coincides with Ireland’s 2018 Year of Sustainable Business, and has been developed in partnership with Sustainable Nation Ireland, supported by the Department of Finance.

BPFI has organised a number of activities in support of the week. In partnership with Sustainable Nation Ireland BPFI has invited the European Banking Federation’s Sustainable Finance Working Group to hold its group meeting in Dublin. These meetings will be held in Dublin Castle during the Innovation Summit. Group chair Antoni Ballabriga, BBVA and member of United Nations Environment Programme – Finance Initiative will participate in the panel discussion at the launch of Dublin as the European hub of the UN Financial Centres for Sustainability (UN FC4S).

In addition, BPFI has also invited Molly Scott Cato, the UK MEP representing the Green Party to meet with its Sustainable Finance Forum. Ms. Scott Cato, who is attending the Innovation Summit, is informed and committed to repurposing financial services to deliver climate mitigation and sustainability and is close to the current legislative process in Brussels. The Forum plans to exchange views on financial service providers role in combatting climate change and actions planned EU/UK/global

Speaking about the activities taking place over the coming week, Louise O’Mahony, Head of Sustainable Banking, BPFI said: “BPFI is delighted to participate in the range of activities taking place this week and sees it as an excellent opportunity for financial service providers to meet with experts on the critical matter of sustainable financing and banking. The collaborate nature of this week’s programme will help the financial services sector in Ireland to identify the key challenges and opportunities presented by actions to mitigate climate change. It will also help us better understand the EU’s agenda to connect finance with the specific needs of the European and global economy for the benefit of the planet and society, as set out in the EU Action Plan: Financing Sustainable Growth

 

Notes: Banking & Payments Federation Ireland (BPFI) represents the banking, payments and fintech sector in Ireland.  Together with its affiliates, the Federation of International Banks in Ireland and the Fintech & Payments Association of Ireland, BPFI has over 70 member institutions and associates, including licensed domestic and foreign banks and institutions operating in the financial marketplace here.

Contact: Jillian Heffernan, Head of Communications, 087 9016880 or jillian.heffernan@bpfi.ie

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