Guest Blog: POSITIVE IMPACT FINANCE STANDS ON PRINCIPLES
This article was published February 21, 2017 in the Maximpact Blog written by Maximpact writer Sunny Lewis. PARIS, France ( Maximpact.com News) – Nineteen global banks and investors, worth a total of US$6.6 trillion in assets, have agreed on a set of standards for financing sustainable development framed as the first-ever Principles for Positive Impact Finance. On the last Monday in January, the set of four unpublished Positive Impact Principles was launched to provide a global framework for financiers and investors to analyze, monitor and disclose the social, environmental and economic impacts of the financial products and services they deliver. The Principles for Positive Impact Finance are a direct response to the challenge of financing the UN’s Sustainable Development Goals . Adopted by the world’s governments in 2015 to end poverty, protect the planet, and ensure prosperity for all, each of the 17 SDGs has specific targets to be achieved...