Asset Pools : Institutional investment
- Align the design of pension and other investment systems with sustainability. Clarify fiduciary law and guidance and requirements for the skills and capabilities of fiduciaries. Build consumer literacy and require that funds report on sustainable performance and policies.
- Resetting market and public incentive structures would help stimulate demand for sustainable investment products. Market codes can encourage asset owners to align incentives down the chain, notably for investment consultants, asset managers and investment analysts. Policymakers could review the effective use of fiscal incentives for saving to drive long-term finance for the real economy.
The Inquiry into the Design of a Sustainable Financial System was initiated by the United Nations Environment Programme to advance options to align the financial system with sustainable development. ‘Making Waves: Aligning the Financial System with Sustainable Development’ is its final, global report. This report reviews the Inquiry’s core analysis, summarizes progress made in aligning
Download the policy summary: [AR] [CH] [EN] [ES] [FR] [PT] [RU] Download the individual chapters: Chapter 1: Mapping the momentum | Chapter 2: Harnessing financial technology for sustainable development | Chapter 3: Measuring performance | Chapter 4: Steps towards transformation Our follow-up annual report reveals a doubling in policy actions over the past five years to align the global financial system with sustainable
The report, a companion to the second edition of “The Financial System We Need”, examines how the international financial standards currently relate to the goals of sustainable development and explores opportunities for better alignment as a way to promote greater stability, resilience and fairness to the financial system. The key messages are: Financial standards have
This paper explores whether the extent to which Regulation 28, CRISA and JSE Integrated Reporting Standards (referred to as governance policy innovations) have influenced the level of investment that integrates Environmental, Social and Governance (ESG) in its decision making process. It finds that while governance innovations have increased actors’ awareness about interrelationship between ESG factors and financial performance it
This note summarizes the input provided to the Inquiry at a meeting with representatives from the Dutch financial sector ranging from public policymakers and regulators to the largest banks, asset managers, insurance companies and sustainable frontrunners. The policy recommendations include best practices, financial market policy and regulatory innovations to help bring about the green economy
This report highlights experience from France in improving the integration of sustainability issues into financial decision-making. A key area of focus has been on improving information and market analysis. Environmental, social and governance (ESG) reporting requirements were first introduced in the New Economics Regulation law of 2001, and strengthened by the 2010 ‘Grenelle II’ law and 2015 the
This briefing summarises the discussions held during a roundtable for market and policy leaders in Washington, D.C. on 20 April 2017. The goal of the event was to explore pathways to scale and speed up green finance and to harness its benefits for long-term sustainable growth and competitiveness. The key messages are: Green finance made
This is the 3rd Update Report of the UNEP Inquiry, it is focused on the challenge of financing the low-carbon transition. It explores how innovative ideas and practices can be made more effective, adopted more widely, and taken to scale—and as a result move the trillions that are required. Scaling-up proven but limited innovations, is a common
An India Advisory Council of the UNEP India Inquiry was convened by the Federation of Indian Chambers of Commerce and Industry (FICCI). This report highlights key proposals emerging from their discussions for aligning the Indian financial system with sustainability. In the Indian context, they call for development of a more robust and resilient ‘sustainability-oriented market framework’ focused
To date interventions to promote the environmental and social dimension of investment have focused principally on disclosure of policies and formal statements of legal duties. They have largely taken fundamental features of the design and operation of the financial system as given. This paper makes the case for a more systemic and dynamic approach. It argues
- Mapping Channels To Mobilise Institutional Investment In Sustainable Energy
OECD (2014). Paris. 9th February 2015.
- The Role Of Institutional Investors in Financing Clean Energy
Kaminker, C., Stewart, F. (2012). OECD Working Papers of Finance, Insurance and Private Pensions No 23. Paris: OECD Publishing.
- Institutional Investors and Green Infrastructure Investments: Selected Case Studies
Kaminker, C., Kawanishi, O., Stewart, S., Caldecott, B. and Howarth, N. (2013). Paris: OECD Publishing.
- Global Investor Survey on Climate Change. Annual Report on Actions and Progress 2011
Institutional Investors Group on Climate Change/ Investor Network on Climate Risk/ Investor Group on Climate Change (2011).
- 2012 Global Sustainable Investment Review
Global Sustainable Investment Alliance (2013).
- High-Level Principles of Long-Term Investment Financing by Institutional Investors
G20/OECD (2013). Paris: OECD Publishing.
- Policy Note on Pension Fund Financing for Green Infrastructure and Initiatives
- Connecting the Dots Between Climate Change Goals, Portfolio Allocation and Financial Regulation
Dupré, S. and Chenet, H. (2012). Paris: 2 Degrees Investing.
- Promoting Long-Term Investment by Institutional Investors: Selected Issues and Policies
Della croce, R., Stewart, F. and Yermo, J. (2011). OECD Journal, Financial Market Trends Volume 2011 – Issue 1. Paris: OECD Publishing.
- Focusing Capital on the Long Term
Barton, D. and M. Wiseman (2013). London: McKinsey.