PRI highlights role of investors in the Sustainable Development Goals
With a key year ahead for the Sustainable Development Goals, the Principles for Responsible Investment (PRI) is highlighting the role institutional investors can play in financing solutions to global challenges such as climate change, social injustice, poverty and inequality.
The PRI (alongside the UN Global Compact, UNCTAD and UNEP FI) has targeted policy makers with the report Private Sector Investment and Sustainable Development, and submitted it to the co-chairs of the Financing for Development process. The PRI has also submitted a response to a consultation on Financing for Development by the UN Sustainable Development Solutions Network.
This work demonstrates the contribution investors can make towards sustainable development and climate change goals: incorporating these issues into investment and asset allocation decisions (e.g. allocating capital into areas such as renewable energy, energy efficiency, inclusive finance and education) and engaging with companies and policy makers.
About the Sustainable Development Goals
World leaders agreed at the United Nations Conference on Sustainable Development Conference in Rio, in June 2012, to develop a set of Sustainable Development Goals to follow the Millennium Development Goals that were approaching their 2015 target date. Leaders will congregate at three summits this year to agree on how to address global sustainability challenges, and how to finance these efforts:
- Third Conference on Financing for Development, Addis Ababa, July 2015
- United Nations conference on the Sustainable Development Goals, New York, September 2015
- 21st Conference of the Parties, Paris, December 2015