"Safeguard the earth's capacity to
support life in all its diversity, respect the limits of the
planet's natural resources..."
European Union Strategy for Sustainable Development
As per the Article 3(3) of the Treaty of European Union, sustainable development is an over-arching and long term goal of the European Union. And the EU Sustainable Development Strategy aims to:
develop actions to enable the EU to achieve continuous
improvement of quality of life both for current and for future
generations, through the creation of sustainable communities
able to manage and use resources efficiently and to tap the
ecological and social innovation potential of the economy,
ensuring prosperity, environmental protection and social
This was a landmark declaration as for the first time in the history of Europe all the three pillars of sustainability (environment, society and economy) were integrated in one framework. It demonstrated the commitment towards sustainable development by all member states of the European Union.
The implementation of the EU Strategy for Sustainable Development requires that governments, industry and society work together to achieve the aims laid down in the EU Strategy. There is also a need for specialized actions, interventions, programs and initiatives at all levels - government, non-government, businesses and community levels - to successfully implement this historic and needed strategy.
European Organisation for Sustainable Development (EOSD) is a dedicated body that has in its unique charter the purpose of developing strategies, programs and initiatives and undertaking projects that contribute in implementing the EU Strategy for Sustainable Development. The work of EOSD is focused on supporting the transition to an economically sound, socially just and an environmentally sustainable world.
Rewarding institutions with proven success in the field of sustainable finance.
GSFN is a membership-based global initiative that brings together financial institutions and other stakeholders committed to the advancement of sustainable finance.