Non-Financial services & sustainability – One-Off Benchmark Call

Non-Financial services & sustainability – One-Off Benchmark Call We had a very insightful conversation with Subject Matter Experts from 10 countries on how might the Non-Financial Services offered by TMG banks can help SMEs in their journey to sustainability and their transition to a net zero economy

Thank you to our experts from Mexico (Nacional Financiera), Canada (BDC), Nigeria (Development Bank of Nigeria Plc), France (Bpifrance), Saudi Arabia (Saudi Industrial Development Fund - SIDF), Finland (Finnvera Oyj), Brazil (BNDES), Morocco (Caisse Centrale de Garantie (CCG) and Belgium (SOWALFIN) for contributing to this conversation!!!

The most recent Intergovernmental Panel on Climate Change –IPCC- report (read press release here) made it clear: "Climate change is not a problem of the future, it's here and now and affecting every region in the world." To limit global warming, carbon emissions must be cut in half by 2030 and net zero emissions must be reached by 2050. 

All companies, including SMEs, will have to adjust their business model to Achieve net zero and embark in a green recovery that “builds back better” in the post-pandemic.

Public development banks can contribute to this green recovery through its vast portfolio of tools to uplift the social wellbeing of communities, preserve the environment and promote economic growth. 

In line with a global imperative to tackle the sustainability agenda, TMG invited members of our Key Topic Group non-financial offerings for SMEs in times of Covid-19 and post crisis, as well as sustainability experts of our banks to a private conversation to better understand the offering available and the opportunities and challenges our members might have around how they can best support SMEs in their journey to sustainability beyond financial assistance.

The experts shared an overview on the most impactful NFS & Sustainability actions of their banks.

A document highlighting these good practices will be available shortly.

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