Resumo

CENTURION BEDOYA, Víctor. Evolution of sustainable finance in Paraguay and the region. Acad. (Asunción) [online]. 2025, vol.12, n.1, e1040.  Epub 08-Jan-2025. ISSN 2414-8938.  https://doi.org/10.30545/academo.2025.n1.1040.

Financial industry is competitive and driver of economic development. Environment is affected by decisions and investments made, and the society has concerns for future generations. Integrating these ideas, the concept of Sustainable Finance arises, that which, by conscience and own decision, provides socially and environmentally responsible products or services. Objective is evaluating performance and environmental commitment of financial entities, and their evolution as the dialogue linked between sustainability and industrial competitiveness progressed. A bibliographic review is carried out on the main conceptual and/or applied advances, including the efforts in Paraguay and in the region. It’s confirmed that institutions with sustainable products and services demonstrate good replicable practices to overcome the challenge. Becoming a Sustainable Bank is not an option, it is the path to take to stay competitive.

Palavras-chave : Sustainable development; sustainable finance; environmental finance; sustainable banking.

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