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FaFin – Fair Finance Lab gGmbH founded

Fair Finance Institute with greater organisational and personal clout and a new look

Press releases
10. July 2024

The Fair Finance Institute (FaFin), which has been working for a fair and sustainable monetary and financial system for many years, has continued to develop and strengthen itself.

The Fair Finance Institute (FaFin), which has been working for a fair and sustainable monetary and financial system for many years, has continued to develop and strengthen itself. It was given the legal form of a non-profit limited company at the end of 2023. In addition, sustainable finance expert Gesa Vögele has been recruited as co-managing director.

These steps had become necessary due to the growing responsibilities of FaFin, which had previously operated as an individual enterprise. The new legal structure also reflects the public interest orientation of the think-and-do tank, which Markus Duscha has been building up as founder since 2016. The partners of the non-profit limited company are Markus Duscha, Walter Kern and Gesa Vögele. The name entered in the commercial register is FaFin – Fair Finance Lab gGmbH. The name Fair Finance Institute will continue to be used in external communications. Markus Duscha will continue to run projects that cannot be transferred to the new FaFin gGmbH as an individual entrepreneur.

FaFin also has a new look and feel. The website has been completely revamped. And there is a further developed logo. This visualises the overarching goal of a monetary and financial system that serves people and protects our livelihoods.

 

Markus Duscha, Managing Partner:

I am very pleased that the successful work of the Fair Finance Institute to date has now gained strength in a new constellation. Because there is still so much to do to make the financial system fit for the necessary transformation. We can now play an even better role in this.

 

Walter Kern, Authorised Signatory and Partner, comments on the new legal form:

Non-profit status as an organisational form has been deliberately chosen because in future all companies should be oriented towards the common good. This is particularly important to me and FaFin wants to lead by example here.

 

Gesa Vögele, Managing Partner, talks about her new role:

A monetary and financial system that actively promotes socio-ecological transformation needs new ideas and technologies, social innovations and future-oriented concepts. The Fair Finance Institute would like to contribute to this. And I am looking forward to playing a part in this.

fafin logo

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