Global Alliance for Banking on Values (GABV) is a network of independent banks, credit unions, and microfinance institutions focused on using finance to deliver positive social, environmental, and economic change. Established in 2009, GABV promotes values-based banking, aiming to shift the financial sector towards sustainability and social responsibility.
GABV’s main focus is on advocating for and supporting financial institutions that prioritise people and the planet over profit. This includes fostering a financial system that benefits the wider economy by investing in sustainable initiatives, such as renewable energy, affordable housing, and community-driven projects. Through its global network, GABV helps banks align their business models with the Sustainable Development Goals (SDGs), ensuring that finance plays a role in tackling global challenges like climate change and inequality.
Structurally, GABV operates as a membership network, bringing together over 70 financial institutions from around the world. These members are committed to values-based banking principles and work towards common goals of financial inclusion, sustainability, and ethical finance. GABV provides support, resources, and a platform for collaboration, helping members exchange best practices and develop innovative financial solutions.
From a sustainable finance perspective, GABV is a significant player. Its focus on aligning banking with the SDGs and sustainability principles directly supports finance professionals working in impact investing, green finance, and ethical banking. GABV also produces research and reports on sustainable banking trends, offering valuable insights into how financial institutions can integrate ESG (environmental, social, and governance) considerations into their operations.
