Moving to Align Financial Systems, Sustainable Development

When the deputy governor of China's central bank, Yi Gang, took the stage at the International Monetary Fund-World Bank Annual Meetings in Lima on October 8, he was opening a new chapter in international discussions about the development of financial and capital markets. The session, with Bertrand Badre, the World Bank's managing director; the governors of the Bank of England and Bangladesh Bank, Mark Carney and Atiur Rahman; and the executive director of the United Nations Environment Program, Achim Steiner, placed environmental and social considerations at the heart of the challenge in developing a financial system fit for the 21st century.