Growing financial sector reform starts to deliver private finance for sustainability
Huge progress on reforming the global financial system over the last four years has started to deliver desperately needed financing for sustainability and set up the next wave of action, according to a new United Nations report released today.
The final report of the UN Environment Inquiry into the Design of a Sustainable Financial System highlights opportunities to align the financial system with sustainable development, as well as pathways to success. The report offers real signs that a shift to a sustainable financial system is well under way.
“Over the four years of the Inquiry’s operations, we have seen reform of the global financial system gather pace as banks, investors and regulators realize they must step up – not just to protect people and the planet, but their bottom lines,” said Erik Solheim, head of UN Environment.
Read More: UN Environment