Launch of new standards for financing sustainable development
On Monday 30 January 2017, 19 leading global banks and investors – worth a total of $6.6 trillion in assets, launched the Principles for Positive Impact Finance, setting standards for financing sustainable development.
The four Positive Impact Principles – which are the first of their kind – provide a global framework for financiers and investors to analyse, monitor and disclose the social, environmental and economic impacts of the financial products and services they supply.
The Principles were developed by the Positive Impact Working Group, a group of United Nations Environment Finance Initiative (UNEP FI) banking and investment members.
Read the whole story at: www.climateactionprogramme.org
Image source: Neil Palmer (CIAT). Tea pickers in Kenya's Mount Kenya region, for the Two Degrees Up project, to look at the impact of climate change on agriculture.