Skip to main content

Another good FfD3 Side Event - Reform of Financial Systems to Incentivize Investment in Sustainable Development

Financing for Development (FfD) Side Event
Reform of Financial Systems to Incentivize Investment in Sustainable Development
Wednesday, 15 July 2015, 13:15 - 14:45
Hotel Jupiter, Conference Hall
Tito Street, Addis Ababa, Ethiopia

An uncertain future leads to growing category of risks to global prosperity and the sustainability of economic development.

These risks originate from unsustainable economic activities that are motivated by the assumption of unlimited natural resources. This paradigm, in turn, creates a flawed pricing system along with other externalities, including inaccurate costing of ecosystems services and growing social inequity.
This event explores the opportunities and solutions available to reform our financial systems and capital markets in order to incentivize investments in sustainable development, promote greater transparency and accountability in fiscal decision-making and shift our socio-economic structures to a more sustainable foundation. We will discuss key financial ‘tests’ reflect on the current state of the FfD Outcome Document.

We will also discuss the various initiatives of the event partners, which will aid in the reform of financial systems to incentivize investment in sustainable development.

  • Chair – Farooq Ullah - Director, Stakeholder Forum
  • Panelists:
  • Abigail Herron - Head of Responsible Investment Engagement, Aviva Investors
  • Will Martindale – Head of Policy, Principles for Responsible Investment (PRI) Initiative
  • Teresa Fogelberg - Deputy Chief Executive, Global Reporting Initiative (GRI) 
  • Anthony Miller - Focal Point, Corporate Social Responsibility, Investment and Enterprise Division, UNCTAD
  • Mike Wisheart - Senior Advisor, Corporate Engagement, Advocacy & Justice for Children, World Vision International

The panel discussion will be followed by an open discussion with the audience.

Further details can be found at the FfD site:
http://bit.ly/1LWis5j

Comments

Popular posts from this blog

New Executive Director of UNEP announced

Erik Solheim according to Norwegian newspapers is to be announced today as the new Executive Director of UNEP. And later today Monday the 2nd of May ABC News confirm too.

He faced stiff competition for the number one job on the environment in the UN system. In the 6 Executive Directors of UNEP it will mean that developed countries will have had 5 of them with two Canadians (Strong and Dowdeswell) and Germany (Toepfer and Steiner). The only Executive Director to come from a developing country was Dr. Mostafa Kamal Tolba who died recently.

Erik brings considerable experience to the position having held been from 2007 to 2012  the combined portfolio of Norway’s Minister of the Environment and International Development; he also served as Minister of International Development from 2005 to 2007. During his time as minister Norwegian aid reached 1%, the highest in the world.

Since January 2013 he has been the Chair of the OECD Development Assistance Committee (DAC). In the DAC he has emphasi…

Guest Blog Mike Barry: 5 things we learnt on Marks and Spencer Plan A journey over last 12 months

Guest Blog by Mike Barry:  Director of Sustainable Business (Plan A) at Marks and Spencer

It’s that time of year, publication of our annual sustainability (Plan A) report. After the harum scarum dash to gather, collate, assure, sign-off and publish a wealth of data we can breathe (for a moment!) and reflect on what it all means.
Here are some quick insights into what we’ve learnt at M&S in the last 12 months on our Plan A journey.
1. Succession – Nine years is a long time in the world of sustainable business. How many corporate plans have come and gone since we launched Plan A in 2007? Too many! The continuity offered by having a single multi-year plan has been incredibly important. It’s allowed us to take long term decisions in a very short term turbulent retail marketplace. It’s allowed us to build the skills and capabilities in our business units to integrate Plan A into their ways of working. It’s allowed us to pick our battles, knowing that occasionally we’ve just got to let a …

Bokova out? Georgieva in for next UN Secretary General

The rumors that have been circulating for the last month have now proven to be true. The Bulgarian government has withdrawn support from Irina Bokova as their candidate for UN Secretary General and replaced her with Kristalina Georgieva, the European commissioner for budget and human resources.
There is some evidence that the right of center parties in European capitals have been behind this with some articles appearing in the last few weeks against Bokova. The Guardian reported on the 26th: “one of her (Kristalina’s) staff members was hacked and emails purporting to be from one of her top aides were sent out to the rest of her office, instructing them to attack Bokova”There is no question that Kristalina has the cv and record to be a very good UN Secretary General. She is a strong supporter of sustainable development issues she will pick up the SDGs and climate agendas with ease. She is dynamic and very personable and was very active around last week’s UN General Assembly High Level se…