Certified Training Course – Introduction to Sustainable Finance – Mostadam – Cairo, Egypt – December 9-13, 2018

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.Group Photo - Mostadam course - December 2018

From December 9-13, 2018 Geoffrey Mazullo, Principal, Emerging Markets ESG, delivered in Cairo a five-day certified training course – Introduction to Sustainable Finance – as part of the Mostadam platform.  This was the fifth edition of the introductory course; the inaugural course was delivered in November 2014, a second edition in March 2017, a third edition in November 2017 and a fourth edition in March 2018.

33 bankers from seven Egyptian commercial banks, a sustainability professional and a banking regulator from the Central Bank of Classroom Photo - Mostadam course - December 2018Egypt participated in the course.

Details about the course, including agenda, description, pricing and venue may be found in the course brochure.

“Boursa Kuwait hosts sustainability engagement session for listed firms ” – Kuwait Times – December 12, 2018

On December 12, 2018 the Kuwait Times reported that the Boursa Kuwait, a member of the UN Sustainable Stock Exchanges (SSE) Initiative, held an ESG engagement session entitled, “The growing importance of ESG to investors” for companies listed on the exchange.

Organized in collaboration with “Sustainability Excellence, a leading provider of sustainability and ESG strategy and disclosure services in Kuwait and the Middle East,” the event described national, regional and international drivers pushing the sustainability agenda forward.  It explained to companies which key, material data ESG rating agencies and investors seek.

“Boursa Kuwait remains committed to making further leaps in driving sustainable practices and enhancing the transparency and the quality of sustainability reporting, in line with the sustainable development ambitions outlined in Kuwait’s long-term development plan for 2035, New Kuwait.”

You may read the article on the Kuwait Times internet site.