
Michiel De Smet
Sustainable Investment Expert, National Bank of Belgium
Michiel De Smet is the sustainable investment expert in the reserves management team at the National Bank of Belgium, where he drives the integration of sustainability into central bank portfolios. He previously worked at the European Central Bank on sustainable finance initiatives. Earlier, he launched and led the Finance Initiative at the Ellen MacArthur Foundation and contributed to the EU Taxonomy through the EU Platform on Sustainable Finance. His prior roles include consultant at McKinsey & Company and policy officer at the European Commission. Michiel holds a PhD and Master’s in Mathematics, with academic experience in Ghent, Bristol, and Pisa.
THE FUTURE OF SUSTAINABLE FINANCE
Embedding sustainability as a core risk management tool
- Recognising sustainability fatigue and the retreat to traditional finance practices in the face of complexity
- Reframing sustainability as mainstream risk management rather than an “extra” obligation
- Addressing the dangers of short-term cost-cutting mindsets that overlook systemic risks
- Examining real-world impacts of climate and biodiversity risks already disrupting industries and supply chains
- Showcasing how forward-looking businesses are embedding long-term resilience into financial decision-making
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