Green finance will make the system fit for purpose

Investment funds that adhere to environmental, social and governance standards are starting to be recognised as the building blocks for a sustainable and prosperous economy

Nick Robins, co-director, UN Environment’s Inquiry into the Design of a Sustainable Financial SystemA decade has passed since the onset of the financial crisis and much has been done to fix the problems that contributed to it. Yet, according to UN secretary-general António Guterres, when set against the imperatives underlying the Sustainable Development Goals: “Today’s global financial system, which manages some US$300trn in financial assets on our collective behalf, is simply not fit for purpose.”

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