The Finance Innovation Lab incubates the people, ideas and movements building a financial system that serves people and planet. They work with innovators developing new business models, campaigners calling for change in the rules of the game, and mainstream professionals who want to change finance from the inside.
Why focus on finance?
Their financial system has become disconnected from the real needs of people, the environment and the wider economy. Dysfunctions in the financial system lie at the root of many of today’s challenges, from fossil fuel addiction to structural inequality.
It doesn’t have to be this way. People created the system and people can change it.
Their vision is a financial system that is:
Democratic – a more diverse financial system, where people have a greater sense of control over their money
Responsible – capital flows to the places, people and projects that are creating positive impact for society and the environment
Fair – a financial system that facilitates a just society.
The Finance Innovation Lab was founded by WWF-UK (World Wide Fund for Nature) and ICAEW (Institute of Chartered Accountants in England and Wales) in 2009 in order to change the financial system so it serves people and planet.