The goal of the Center for Sustainable Finance and Private Wealth (CSP) is to activate private wealth and sustainable finance, at scale, as a substantial driver for sustainable development.
CSP is a research and teaching unit at the Department of Banking and Finance (DBF) of the University of Zurich in Switzerland.
The work of the Center is based on two important developments:
- Sustainable Finance emerged as a key opportunity to deploy capital for financial returns and positive social and environmental outcomes. Sustainable Finance can become a key driver for sustainable development.
- Private Wealth has become highly concentrated; 0.7% of the global population control more than 50% of total private wealth, as well as many of the world’s largest conglomerates, companies and foundations. Many wealth owners are deeply interested in Sustainable Finance, but lack the capacity to engage.
To bring these two phenomena together, our research and teaching is uniquely positioned at the nexus of sustainable finance and private wealth.
Launched in February 2017, the Center is based on the expertise of the “Impact Investing for the Next Generation” research and training program at the Initiative for Responsible Investment at the Hauser Center for Civil Society at the Harvard Kennedy School, and the Center for Microfinance at the Department of Banking and Finance that was created in 2009.
News: Launch Apéro - Zurich, July 2017
70 leaders in sustainable finance and private wealth celebrated our official launch, overlooking Zurich during a beautiful summer-evening on July 4th.
Watch the video with key highlights, including comments from major donors and the president of University of Zurich, on our Youtube Channel
News: Soft launch & Impact Investing Excursion - Rwanda, February 2017
The soft-launch of the Center in February 2017 was marked by a hands-on impact investing excursion in Rwanda for a group of ten private investors. For the video summarising the trip on our Youtube Channel, click here, or see the full version below: