Governance
ISFO is registered as a legal entity under the German civil law and according to its articles of incorporation, it represents a community of interests, including (but not only) development banks and other financial institutions, investors and project promoters, for the mobilization of funds and development as well as the implementation of projects and initiatives to achieve the global sustainability goals and climate protection.
To effectively achieve the ISFO’s purpose and function at a global scale, the responsibilities of fulfilling its mandate are delegated to the Board of Sustainability comprising of high-ranking executives from across the world.
The Board is assisted by Councils and High-Level Technical Committees, each having specified role and responsibility to ensure the implementation of ISFO’s mandate.
The General Assembly (GA) comprises of the members of the Associations of Development Financing Institutions in Asia and the Pacific (ADFIAP), member countries of the Islamic Development Bank (ADFIMI), Development Finance Institutions in Africa (AADFI), the Global Sustainable Finance Network and the European Organisation for Sustainable Development. The GA members represents the interest of National Development Banks and Sustainability-Centric and Value-Driven Financial Institutions from across the globe. The meetings are held twice a year to deliberate and validate issues related to the working of the councils, among others