Sustainable Finance Lab
| Reference number | |
| Coordinator | Kungliga Tekniska Högskolan - Skolan för arkitektur och samhällsbyggnad |
| Funding from Vinnova | SEK 47 000 000 |
| Project duration | January 2021 - December 2025 |
| Status | Ongoing |
| Venture | Center for Financial Market Research |
| Call | Center for Financial Market Research - Competence Center |
Purpose and goal
The purpose of the project is to create a more sustainable world through the transformative powers of the financial system that avoids to ´do harm´, and instead ´does good´. The overarching ambition is to foster real change and progress in how financial markets, in Sweden and beyond, engage with and facilitate social and environmental sustainability. The goal is to enhance financial market actors’ abilities to reduce harm, while bolstering innovative solutions to steer economies towards sustainability.
Expected effects and result
Sustainable Finance Lab is a consortium of 6 universities / research institutes that contribute with leading sustainability researchers who team up with financial market actors to create an international leading competence center for sustainable financial markets in Sweden and the world. SFL focuses; 1) Scientifically based impact evaluation; 2) Innovation about risk and opportunities; 3) Sustainability standards and policies; and 4) Transformation, technology, and innovation. Expected effects are that the financial system contributes towards increased sustainability.
Planned approach and implementation
The Sustainable Finance Lab has developed an interdisciplinary research agenda for transformative change based on four key sustainability challenges and a center structure to promote the interdisciplinary nature needed to address the sustainability challenges, including a network of financial and non-financial partners with whom they can collaborate on research; develop business and test innovations. The activities range from research and test bed pilots with industry, to training and conferences.