febea

FEBEA, the European Federation of Ethical and Alternative Banks and Financiers, is a Brussels-based international non-profit association founded in 2001. It unites over 30 financial institutions from 17 European countries, all committed to advancing ethical, sustainable, and socially responsible finance. These member organisations include banks, credit unions, and financial cooperatives that prioritise transparent governance, long-term social and environmental impact, and democratic decision-making in their operations. FEBEA’s mission is to empower financial institutions to support the real economy, focusing on local communities, social entrepreneurship, and sustainable development. Its members deliberately avoid investments in harmful sectors such as fossil fuels, arms, or tobacco, actively choosing instead to back projects that foster social justice, sustainability, and inclusion. The network emphasises transparency and participatory governance, with many of its members operating as cooperatives where each shareholder’s vote carries equal weight. The federation serves as a bridge between its members and key European institutions, including the European Commission, the European Investment Bank, and the Council of Europe Development Bank. FEBEA advocates for favourable regulatory environments, facilitates access to EU funding opportunities, and provides specialized training and support. It also coordinates thematic working groups that develop practical tools and policy positions, helping to shape European social investment frameworks. FEBEA plays a significant role in promoting ethical finance as a driver for social change across Europe, supporting members in navigating complex funding landscapes and amplifying their collective voice on sustainable finance and social economy issues.