Articles in Responsible finance

Quechua woman and child

Countering the double invisibility of rural women through more inclusive lending

1 December 2014
UPSIDES RECOMMENDS - Rural populations are often an invisible market for financial institutions, being far removed from the bustling markets of the metropolis. Seeing rural women as a market to serve is doubly hard for these institutions to see because in these communities, women’s work and their income are considered just a part of their everyday work and not a distinct, productive activity. Knowing that these communities are in need of financial inclusion, what tools do we need in order to serve a segment that is both geographically and economically distinct from the urban sector? How can we better recognize the economic contributions women make to their household and to society? read more
Urban Mongolia_Al Jazeera English

Nomindari Enkhtur: ‘We cannot succeed in a world that fails’

25 November 2014
In order to curb Mongolia’s significant environmental and social problems, government agencies, industry players and financial institutions met in May 2013 at the first Mongolian Sustainable Finance Forum in Ulaanbaatar. The main topic: the question how to steer Mongolia towards a greener development path. All banks signed a joint statement committing themselves to promote sustainable banking. The Mongolian Sustainable Finance Working Group (MSFWG) was launched, a joint initiative by all Mongolian banks, the Central Bank of Mongolia, the Ministry of Environment and Green Development and the Financial Regulatory Commission, spearheaded by the Mongolian Bankers Association (MBA). Upsides spoke to Ms Nomindari Enkhtur, MBA's international relations and partnership manager. read more
Pryce_bijgesneden

Jennifer Pryce: ‘Women put their money where it can achieve something’

18 November 2014
Women investing in women is gaining momentum. Among the recent initiatives is the Women Investing in Women Initiative (WIN-WIN), a retail investment product launched by US-based Calvert Foundation in 2012. Now it is launching its second initiative: investing in women and clean energy at the same time. ‘There is a big appetite for this kind of investments. Women are putting their money where it can achieve something.’ read more
Rania Al-Nasaa_bijgesneden

Meet the banker: Ranya Omar Al-Nasaa in Jordan

29 October 2014
Upsides talks to bankers from around the world. Why did they start working in the financial sector? What does the financial landscape look like in their country? And how does this landscape influence their actions? read more
Paraguay (Thinkstock)

Sustainable momentum

24 October 2014
On 27 June 2013, representatives of Paraguay’s four leading banks sat down together for their first round table discussion on Sustainable Finance. The initiative was one of several encouraged and supported by the FMO, in countries as diverse as China and Kenya. Present at the Paraguayan round table was Raul Vera Bogado, Executive Chairman of the country’s second largest bank, Banco Regional S.A.E.C.A. He explains why the initiative is so important for Paraguay’s banking sector and agribusiness. read more
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The future of banking – ‘Failure ís an option’

8 October 2014
‘A bank? And you were always such a good student’, responded a friend jokingly when Paul Iske told him that he had accepted a job offer from ABN AMRO, a leading Dutch bank. His friend can rest assured that Iske has never become a typical banker. The professor of Open Innovation at Maastricht University heads the Innovation Centre at ABN AMRO. Being ABN AMRO's Chief Dialogues Officer, he initiated the Dialogues House, a meeting place visited by over 200,000 people last year, both from within and outside the bank, aimed at a free exchange of ideas and finding novel ways to create value. Furthermore, Iske is the man behind various startlingly refreshing initiatives such as the Institute of Brilliant Failures and the International Institute for Serious Optimism. read more
Tomas Sedlacek (photo: Daan Zuijderwijk)

‘The economy needs a return of spirit’

8 October 2014
We have lost confidence in Western-style economics, says Tomáš Sedláček. The limitations of an unfettered free market based on debt are becoming increasingly apparent. That is why the Czech economist hopes that emerging countries will not be making the same mistake the Western ones did. But he has little confidence. ‘You see a lot of debt in China too, on the canton level.’ read more
Kdan and Huch have plans to lay a concrete floor and build a balcony to incrementally advance their new home.

Making microfinance work in housing products

1 October 2014