The Finance Innovation Lab builds power to transform the financial system for people and planet. We cultivate a community of systems-changemakers and work on initiatives that impact mental models and power dynamics in finance for deep, lasting change. Our work focuses on growing purpose-driven finance, shifting mainstream finance, influencing law, regulation and policy, and building our community.
Why focus on finance?
Our financial system has become disconnected from the real needs of people, the environment, the wider economy and society. Dysfunctions in the financial system lie at the root of many of today’s challenges, from climate change and economic crises, to poverty, marginalisation, and inequality.
It doesn’t have to be this way. People created the system and people can change it.
Our vision is a financial system that serves people and planet, one which is:
- Democratic – a transparent and accountable financial system, where all people can participate in the rule-making and institutions that shape it.
- Sustainable – a financial system that helps meet society’s long-term needs and supports human flourishing on a thriving planet.
- Just – a financial system that promotes diversity and equality and protects human rights.
- Resilient – a financial system that provides security and stability for all, and for the real economy.
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.