UNEP FI welcomes FEBRABAN, the Brazilian Federation of Banks as the newest supporting institution in the Latin America and Caribbean region. FEBRABAN represents 122 banks which accounts for 93% of shareholder’s equity and 97% of the total assets of the national banking system in Brazil. The Federation represents one of the most advanced banking sectors in relation to environmental, social and governance issues and will be an example to financial institutions that are dedicated to sustainability. Its mission is to contribute to Brazil’s sustainable development, representing its members and striving for continuous improvement of the financial system and its relations with society. We look forward to continue working with FEBRABAN and strengthening the financial sector’s commitment to sustainability development and resilience to environmental challenges.