PRESS RELEASE
Bank of Albania signs Resolution on Global Sustainable Development

On 13-14 July 2017, the Bank of Albania participated in the Seventh Global Sustainable Finance Conference in Karlsruhe, Germany, supporting the UN resolutions on 'Sustainable Development Goals' and the Paris Climate Agreement.

The conference was attended by around 200 delegates from over 30 countries, including high-ranking personalities and representatives from international financial institutions as well as banks and microfinance institutions, among others, the Executive Director of the European Organisation for Sustainable Development, Secretary General of the Association of Development Financing Institutions in Asia and the Pacific, Secretary General of the Association of African Development Finance Institutions, and a representative from the German Federal Ministry for Economic Cooperation and Development, and the Lord Mayor of Karlsruhe.

The delegates to the conference signed, on 13 July 2017, in an official ceremony organised at Karlsruhe City Hall, the 'Karlsruhe Resolution', a resolution on sustainable development goals.

The resolution stresses the important role of the financial services industry in achieving the aspirations of Agenda 2030 such as, among others, financing and investing in the implementation of the U.N.-backed sustainable development goals (SDGs) and the Paris Climate Agreement (COP21) projects in their respective countries; calling on to create policy frameworks that promote investments in innovation that will contribute to creating a green, inclusive and sustainable economy; and, calling for a collective global action to ensure a level-playing field for all financial sector players.