Juhani Grossmann and Amanda Cabrejo le Roux explain the strategic re-focusing of our Green Corruption programme on energy and climate:

What is “green” corruption and why does it matter?

Green corruption refers to corruption and other financial crimes and governance failures that harm the environment and hinder global efforts to combat climate change.

J. Edward “Ned” Conway became Executive Secretary of the Wolfsberg Group on 1 November 2024, succeeding Alan Ketley. With its 12 member banks, the Wolfsberg Group is a globally respected source of expertise on financial crime risk management, setting industry standards and building bridges between financial institutions and other stakeholders. The Basel Institute serves as Secretariat to the Group, which is now in its 25th year.

Experts from all sectors agree we need more effective, efficient tools to counter the criminal use of blockchain technologies such as crypto-assets. Can better standards for blockchain intelligence provide an answer?

This will be a major focus of the inaugural Blockchain Intelligence Forum to be held in Bucharest on 10 April 2025, as part of the Digital Innovation Summit Bucharest 2025, of which the Basel Institute is a supporting organisation.

"Environmental destruction and corruption are two of the greatest global challenges of our time. Both are closely interrelated…”

This was the starting point of a high-level meeting hosted by the Principality of Liechtenstein. Dominique Hasler and Panagiotis Potolidis of the Ministry of Foreign Affairs led the discussions together with Peter Maurer, President of the Basel Institute on Governance, and Juhani Grossmann, Head of our Green Corruption Programme.

“Foreign bribery continues to inflict enormous damage throughout the world. Holding culpable companies to account is an excellent start. But a complete picture of justice will only take shape once all the harm caused by these companies is adequately considered.”

Andrew Dornbierer puts his finger on the button in his foreword to our latest Working Paper: Compensating the victims of foreign bribery: UK legislation, practice and recommended reforms, by Sam Hickey.