Switzerland proudly hosts two financial powerhouses—Geneva and Zurich—ranking third and fourth in the Green Global Finance Index (GGFI). The GGFI’s twelfth edition underscores the significant strides these Swiss financial centers have made, positioning them ahead of all EU and Asian counterparts, and just trailing London and New York.
The GGFI, a globally recognized assessment index, factors in quantitative measures and finance professionals’ surveys to evaluate the quality and depth of green finance offerings. Geneva and Zurich’s ascent in the rankings reflects their dedication to environmental improvements across the economy and within finance.
The robust performance of centers like London, New York, Geneva, and Zurich highlights their commitment to sustainable economic development, skill enhancement, and green infrastructure building. As the GGFI suggests, policy and regulatory frameworks, coupled with international initiatives, remain pivotal drivers for green finance development. This emphasis gains significance in the lead-up to COP 28 in Dubai, emphasizing the need for global cooperation and policies to foster thriving green finance.
Switzerland’s ambitious pursuit of sustainability is evident in the notable advancements of Geneva (+1) and Zurich (+9) in the GGFI index. Despite minor declines for London and New York, they continue to lead, underscoring Switzerland’s ascent as a prominent global hub for sustainable finance.