Certified Training Course on Sustainable Finance – Mostadam – Cairo, Egypt – March 26-30, 2017

Mostadam logoFollowing the 2008 financial crisis, the financial industry is brought face to face with its own inconsistencies and shortcomings. The industry is increasingly becoming disharmonious with social and environmental realities.

Realizing financial industry gaps, MOSTADAM, in response, was initiated by Arab African International Bank (AAIB) in cooperation with the United Nations Development Program (UNDP) and Egyptian Corporate Responsibility Center (ECRC) in 2014. It is focused on capacity building, advocacy and advancing sustainable products and services.

From March 26-30, 2017 Geoffrey Mazullo, Principal, Emerging Markets ESG, will deliver in Cairo a five-day certified training course on sustainable finance, as part of the Mostadam platform.  This is the second edition of the course; the inaugural course was delivered in November 2014.

You may download the course brochure here.

“Big 12 cocoa and chocolate players pledge to end deforestation in cocoa” – Confectionery News – March 17, 2017

On March 17, 2017 ConfectioneryNews reported that the 12 member companies of the World Cocoa Federation (WCF) issued a joint statement of intent to end deforestation and forest degradation.

The companies are Barry Callebaut, Blommer Chocolate Company, Cargill, Cemoi, Econ, Ferrero, The Hershey Company, Mars Incorporated, Mondelez International, Nestle, Olam and Touton.

“Speaking to ConfectioneryNews, Richard Scobey, president of the WCF, said poverty was the main driver of deforestation in cooca.”

The statement evolved out of collaboration among the WCF, the Prince’s International Sustainability Unit (ISU) and the Sustainable Trade Initiative (IDH).

The partner organizations will issue a Joint Framework for Action in November 2017.

You may read the article on the ConfectioneryNews internet site.