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Our initiatives

Financial Centres for Sustainability

Born out of Italy’s G7 Presidency in 2017 and established in mid-2018, the Financial Centres for Sustainability (FC4S) is a global network of 44 financial centres partnering to mobilise finance in support of national sustainability ambitions. FC4S drives systemic market transformation by catalysing collaboration, enabling financial centres to assess and strengthen their sustainable finance ecosystems, and informing policy through practical tools and evidence-based insights.

Why Financial Centres?

Financial centres are of primary importance to the structure, function, and dynamics of the global economy where interlocking financial activities such as banking, capital markets and insurance are concentrated. Through regulatory, coordination and investment channels, financial centres can fundamentally shape the incentives of individual companies to integrate aspects of sustainable development into regular business.

Objective

FC4S aims to enable financial centres to exchange experiences, drive convergence and act on shared priorities to accelerate the expansion of sustainable finance. It is achieved through national and regional initiatives. Tools, frameworks, and insights are provided to support members’ progress as well as undertaking research on emerging issues, providing guidance on best practices, and support for strategy and project development.

Scale

44

Financial centres

The FC4S is a global network of 44 financial centres.

6

Continents

FC4S member centres are spread out across 6 continents.

50%+

Global equity market capitalisation

The FC4S network represents ~50% of global equity market capitalisation.

Governance

Day-to-day operations are overseen by a dedicated FC4S secretariat hosted by UNDP’s Sustainable Finance Hub. In addition, co-Chairs, a Steering Committee of FC4S Members, and an Advisory Board guide the activities of the secretariat, provide input into its strategic decisions, ensure coherence in regional and global operations, and maximise the impact of the network.

Members

As of January 2026, the 44 FC4S members are

Abu DhabiAbu Dhabi Global Market (ADGM)
AstanaAstana International Financial Centre 
AucklandCentre for Sustainable Finance 
Toitū Tahua
BarcelonaBarcelona Centre Financer Europeu (BCFE)
BeijingInstitute of Finance and Sustainability/ Beijing
BusanBusan Finance Centre
CairoFinancial Regulatory Authority (FRA)
CanberraAustralian Sustainable Finance Institute (ASFI)
CasablancaCasablanca Finance City 
DohaQatar Financial Centre Regulatory Authority
DohaQatar Financial Centre (QFC)
DubaiDubai International Financial Centre
DublinISFCOE - International Sustainable Finance Centre of Excellence
EdinburghGlobal Ethical Finance Initiative (GEFI)
FrankfurtSustainable Finance Cluster
GenevaSustainable Finance Geneva SFG
GlasgowGlobal Ethical Finance Initiative (GEFI)
GuernseyGuernsey Finance
GujaratInternational Financial Services Centres Authority
Hong KongHong Kong Green Finance Association
Isle of ManFinance Isle of Man
JerseyJersey Finance
KigaliKigali International Financial Centre
Kuala LumpurCapital Markets Malaysia (CMM)
LagosThe Financial Centre for Sustainability Lagos / FC4S Lagos
LiechtensteinLiechtenstein Bankers Association
LisbonLisbon-Ministry of Environment / Lisbon - Grupo de Reflexão para o Financiamento Sustentável (GRFS) 
LondonCity of London Corporation
LuxembourgLuxembourg Sustainable Finance Initiative
MadridThe Center for Responsible and Sustainable Finance (Finresp) in Spain/FINRESP
Mexico CityMexican Council of Sustainable Finance /Consejo Mexicano de Finanzas Sostenibles
MilanESGeneration Italy
MongoliaMongolian Sustainable Finance Association (MSFA)
MontrealFinance Montréal
NairobiNairobi International Financial Centre 
ParisFinance for Tomorrow/ Institut de la Finance Durable (IFD)
Rio de JaneiroFinancial Innovation Laboratory (LAB)/ Laboratório de Inovação Financeira (Lab)
SeoulSeoul Metropolitan Government
ShanghaiLujiazui Financial City
ShenzhenShenzhen Green Finance Committee
SingaporeSingapore Sustainable Finance Association
StockholmStockholm Green Fintech
TokyoFinCity.Tokyo
ZurichSwiss Sustainable Finance- SSF

Contact

We welcome questions and proposals for collaboration from financial centres, industry experts, and international partners. Reach out to FC4S secretariat here.

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