Sustainability

In 2021, both the Annual General Meeting and The Montreal Group’s CEO Gathering, were dedicated to discussing the role of Public Banks in the 2030 Agenda and in Mobilizing Sustainable Finance for SMEs. Following these gatherings, the Board agreed to:

  • Place the subject of sustainability at the core of TMG activities
  • Partner with key actors in sustainability to support TMG members, both in becoming more sustainable as organizations and in developing a robust financial and non-financial offering to support MSMEs in their journey to sustainability.
  • Propose new working groups for banks to learn from each other.

As a result, The Montreal Group partnered with leading organizations such as the United Nations Environment Programme Finance Initiative (UNEP FI) and UN Women to offer training opportunities to our members, and joined Finance in Common (FiC), a coalition of more than 500 public development banks and key stakeholders.

As a member of the Executive Committee of FiC, TMG endorsed the Paris Development Bank’s Statement on Gender Equality and Women Empowerment and joined its working group. In addition, The Montreal Group became a knowledge partner of the OECD Platform on Financing SMEs for Sustainability.

Sustainability is at the core of everything we do at The Montreal Group