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On 13 April 2018, the inaugural meeting of the international network of Financial Centres for Sustainability (FC4S)* in Milan brought together 16 member centres - Astana, Casablanca, Dublin, Frankfurt, Geneva, Hong Kong, Liechtenstein, London, Luxembourg, Milan, Paris, Shanghai, Shenzhen, Stockholm, Toronto and Zurich – as well as a wide range of observers and partner organisations. Sustainable finance is now recognised as one of the megatrends shaping the future of global capital markets.
Italy’s Ministry of Environment and the Comune di Milano hosted the Network during its two-day meeting in Milan. At the meeting, members agreed a five-point action plan to build international cooperation among financial centres on climate action and sustainable development:
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