Why Finance Should Be Driven by Values: The Move Toward a Value-Based Financial Cooperative
In a previous post, I explored how Korea’s traditional community practice of “gye” has evolved into modern forms of social finance. 👉Related article Korea’s Traditional Community Finance “Gye”: Its Expansion into Social Finance (Part 1) From Traditional Gye to Social Finance in Korea (Part 2) On the 20th, the 2026 Global Forum on Value-Based Finance was held, where a declaration for promoting a value-based financial cooperative was presented. This reflects a growing effort to create a financial system that operates not only on profit, but on values. In this post, I will share key discussions from the forum and examine why finance should be guided by social purpose. Poster of the Global Forum on Value-Based Finance held on the 20th(Source: Social Innovation Entrepreneur Network) Why Do We Need a Value-Based Financial Cooperative? To some extent, the question of “why” has already been addressed in previous posts. However, it i...