POLSIF 2026 Report: Can defense financing be sustainable?

In the face of dynamic geopolitical shifts and rising security spending, the European financial sector faces a critical challenge: how to reconcile the expansion of defense capabilities with sustainable development goals.
The latest POLSIF 2026 report titled "Can defense financing be sustainable? Outlining key challenges and examples of best practices" provides a comprehensive analysis of this topic from the perspectives of law, business, socio-environmental impact, financial risk, and due diligence. The study addresses how financial institutions and companies can responsibly support the defense sector without compromising fundamental values such as human rights, transparency, and ESG standards.
The publication will be officially released on September 18.
POLSIF Working Group Report
Editors:
- Piotr Kowalik
- Marta Noran
Contributors:
- Anna Frankowska
- Agnieszka Hansdorfer
- Piotr Kowalik
- Agnieszka Mikulska-Jolles
- Agnieszka Mrozowska
- Marta Noran
- Michalina Romanowska
- Marta Rozwadowska
- Aleksandra Sapiejewska
- Augustyn Wróbel
Reviewers:
- Monika Czokajło
- Magdalena Gąsiorek
- Anna Iwanek
- Katarzyna Jędrzejewska
- Mateusz Klimek
- Anna Kruk-Grabarek
- Dorota Miller
- Agnieszka Mrozowska
- Anna Nikodemska-Minota
- Dariusz Poteralski
- Bartosz Silczak
- Bartosz Szczepanik
- Patryk Szychta
- Monika Więcek
Graphic design and layout:
- Ewa Noji (POLSIF)



