GISD Alliance report: How to scale up sustainable investments
The Global Investors for Sustainable Development (GISD) Alliance has released the first-ever report on measures that will coordinate global standards to scale up sustainable investments.
Convened by United Nations Secretary-General António Guterres, the GISD is an alliance of 30 Global CEOs from leading investment managers, banks and corporations representing $15 trillion in assets. The group is aimed at leveraging the insights of private sector leaders to remove impediments and implement solutions for mobilizing resources for sustainable development. An important milestone for the Alliance, the now released report “Renewed, Recharged and Reinforced” provides 64 concrete measures that, if pursued, will coordinate global standards, facilitate greater public-private cooperation and substantially scale up sustainable investment for the U.N.’s Sustainable Development Goals (SDGs).
The authors emphasize that COVID-19 has shown that the world is capable of a radical global response to crises that threaten humanity. They hope that this power could be channeled to unleash sustainable finance in a way that could significantly advance the SDGs.