Financial sector embraces environmental sustainability — SEC

In a significant development, the global financial sector is wholeheartedly embracing and investing in environmental sustainability, according to the Securities and Exchange Commission (SEC).

The SEC, in a statement released in Abuja on Wednesday, highlighted that retail investors are now actively seeking investment opportunities that have a positive impact on the environment.

The SEC expressed optimism about the increasing interest in sustainable investments, attributing it to extensive discussions on the advantages, challenges, and regulatory recommendations associated with such investments.

These discussions have played a pivotal role in shaping the shift towards sustainable investments.

The Commission emphasised its crucial role in enhancing resilience in the country’s capital market.

It has been actively promoting investor education, enforcing protective regulations against fraud, and encouraging responsible investment practices.

The commission said it had joined the rest of the world to celebrate the 7th edition of the World Investor Week (WIW).

It is a global initiative of the IOSCO established to raise financial literacy among the general public.

The week-long campaign for this year focuses on the theme, “Investor Resilience, Crypto Assets, and Sustainable Finance.”