MFR at the MENAFIF – Update!

MFR Executive Director Aldo Moauro partecipated in the inaugural edition of the MENA Financial Institutions Forum (MENAFIF), Septermber 24 and 25 in Dubai, United Arab Emirates.

MENAFIF follows the successful launch of AFIFORUM, which brought together over 570 participants representing 46 different nationalities. New partnerships emerged and existing ones were strengthened as the leading investors and investees convened in Bangkok.

The MENA Financial Institutions Forum aims to help unlock capital for building inclusive and resilient financial markets in the wider MENA region. The Forum connects leading global investors and lenders with investees and borrowers. DFIs, Impact investors, Banks, NBFIs, MFIs and fund managers will be amongst the attending organizations.

The program of this inaugural edition of the MENAFIF zoomed in on the major challenges of building a resilient financial system in the region. Sessions covered topics like, MSME financing, ESG standards for institutions, blended finance, raising funds, local currency financing and more. Market leaders and market shakers presentsd concrete business cases and best practices in financing and impact investing

During the first day, Aldo was a speaker in two plenary sessions.
In Setting ESG standards for financial institutions, Aldo examined the answers to questions like:

  • What role do commercial banks play in promoting a sustainable economy?
  • How to promote social and environmental risk management in commercial lending
  • How do MFIs and banks measure their impact?
  • How to put governance at the core and not merely a tick in the box?

During the Panel on the synergies and hardship of standards, together with S&P Global Ratings, VesBox and Lanka Impact Investing Network, Aldo addressed topics like the challenges institutions and organizations face when climbing the responsibility ladder and how to effectively report and measure compliant practices.