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September 25, 2024
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Ecored warns of the need for sustainable finance

Ecored warns of the need for sustainable finance

The president of the National Network of Business Support for Environmental Protection (Ecored), Dania Heredia, expressed her concern about global warming and the urgent need for a radical change towards a sustainable economic system.

“Companies must lead this transformation, aligning themselves with the needs of the planet,” said Heredia, referring to the fact that these issues will be analyzed on October 2, at the El Embajador hotel, in the ninth edition of its annual congress “Sustainable Profits“, which will address the impact of waste management and other aspects in the fight against climate change.

The president of Ecored He said that “Sustainable Profits” will bring together national and international experts, as well as representatives of the public and private sectors, to discuss and share experiences on innovative solutions that promote the fulfillment of the Sustainable Development Goals and the framework conventions on climate change and environmental management, such as the Paris Agreement.

Through a press release, they indicated that the agenda will include topics such as impact financethe mandatory and voluntary sustainability standards of the Sustainable Finance Standards (IFRS), the implementation of financing tools for biodiversity, among others.

He stated that Ecoredas leader in corporate sustainability In the Dominican Republic, it seeks to foster dialogue and collaboration to address the country’s most pressing environmental challenges.

  • The congress will be held from 8:30 in the morning to 1 in the afternoon, those interested can register through the website of Ecored or get more details on their social media accounts.

“This congress is sponsored by member companies of Ecored. In the “Platinum” category are the BHD Bank, Banco Popular, CEMEX, Claro Dominicana and Metaldom; in the “Gold” category, the CapCana Foundation and Grupo Rica; in the “Silver” category, AES Dominicana and DP World Dominicana; and in the “Bronze” category, the Popular Savings and Loan Association and Centro Cuesta Nacional (CCN).

Agenda and exhibitors:

At 9 in the morning it will begin with the welcoming words that will be in charge of Dania Heredia, president of Ecored and will have an introduction on the “Environmental Perspective of the sustainable finance“, by Armando Paíno Henríquez, Minister of the Environment.

It will continue with the conference “Introduction to impact finance: investments that promote development from the three axes of sustainability”, by Ana María Díaz de la Cebosa, resident representative of the United Nations Development Programme (UNDP).

Then the panel of experts will be developed that will discuss “Implementation of the Green finance at local and global level“, moderated by Santiago Sicard, president of the Association of Investment Fund Management Companies (Adosafi), and the presentation “A growth capital for the planet: Ocean Born Impact”, on the international experience of Martin Schwab, CEO of Ocean Born Impact.

The “Sustainable Earnings” congress will continue with the conference “Mandatory and voluntary sustainability standards: IFRS Sustainability Financial Standards” and the business discussion entitled “Sustainable financing instruments: From theory to practice in the Dominican private sector“, moderated by Thony Da Silva, director of the Pizzolante firm.

These interventions on the local and international experiences of large companies will be based in Banco BHD, Banco Popular, Cemex, Claro Dominicana and Metaldom.

The lectures will end with the keynote address “Sustainable Finance: Targeting Climate Action“by high-level representatives of the International Finance Corporation.

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