Cover Story: channelling private investment to tackle climate change

Cover Story: channelling private investment to tackle climate change. [Newspaper] (2020)



Abstract

The man who moves a mountain begins carrying away small stones.” This oft-mentioned quote attributed to Confucius may describe the journey of sustainable finance in recent times — and how private investment flows have been gradually and progressively positioned to help countries rise to the challenges posed global warming. In January 2004, the-then Secretary General of the United Nations, Kofi Annan, wrote to the CEOs of 55 of the world’s leading financial institutions, inviting them to join efforts to develop guidelines on how to better integrate environmental, social and governance (ESG) issues into asset management, securities brokerage services, and associated research functions. The resulting report, known as the Who Cares Wins report, was published under the auspices of the UN Global Compact.

Item Type: Newspaper
Keywords: Investment, Finance, Sustainable Development Goals, Sukuk
Taxonomy: By Subject > Business & Management > Finance
Local Content Hub: Subjects > Business & Management
Depositing User: Normah Sadaiee
Date Deposited: 28 Jun 2021 11:16
Last Modified: 28 Jun 2021 11:16
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