On Finance Day at COP27, watch the discussion between GISD CEOs at the SDG Pavilion where they presented actionable solutions to some of the most critical obstacles to scaling up private finance and investment for the SDGs and climate objectives.

GISD CEOs highlighted the Alliance's key deliverables, including the Sustainable Development Investing definition, the Model Mandate, and the recommendations for Multilateral Development Banks on scaling up private capital mobilization. The critical role of the UN system in further strengthening collaboration and trust between the public and private sectors was also emphasized. 

Hosted by the Financial Reporting Council

The Model Mandate was first published by ICGN in 2012 and has been updated in partnership with the UN supported Global Investors for Sustainable Development Alliance. The Mandate offers guidance on how to incorporate the UN Sustainable Development Goals into investor stewardship activities. It provides asset owners with example contractual terms to consider when agreeing mandates with asset managers in their efforts to preserve and enhance long-term value.

Of the US$3 trillion needed to finance the SDGs, the average annual financing gap for emerging markets is US$2.5 trillion. This will have grown as a result of the Covid pandemic, which also wiped out decades of progress. How can we align the incentives of governments, multilaterals and the private sector to scale investment into sustainable development, to bring about a fairer, safer, more resilient and more prosperous world?

Broadcasting from the World Economic Forum at Davos, this event will feature a panel discussion with members of GISD, government ministers, and senior representatives of development finance institutions.

Discussion between Martin Spolc, Head of the Sustainable Finance unit for the EC and Jay Collins, Vice Chairman of Banking at Citi and Chair of the Report Committee Renewed, Recharged and Reinforced: Urgent actions to harmonize and scale sustainable finance, on behalf of GISD. This virtual fireside chat discusses the current sustainable finance agenda in Europe, the direction of the Green Deal and the recommendations of the GISD report. Other regions are encouraged to contact: [email protected]