Progress Report
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Rita Roy Choudhury, Senior Director, Federation of Indian Chambers of Commerce & Industry
“This report captures the key tenets of the transformation that has been unleashed through dialogue, policy direction and stakeholder action and is an indicator of how the financial system will be at the centre of the sustainable development agenda as the key catalyst in the coming decade.”
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Mark Makepeace, Chief Executive, FTSE Russell, Group Director of Information Services, LSEG
“The global economy is already shifting its industrial output towards low carbon industrial sectors. The report is crucial at a time when economic transformation becomes an imperative for markets globally. FTSE Russell’s Green Revenue Low Carbon Economy model, also used in the development of the report, discerns the emergence of these green industries, enabling these economic trends to be measured and modelled across markets and stock portfolios.”
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Chris Hewett, Finance Innovation Lab and Convenor of the Transforming Finance Network
“Data and indicators are key to supporting a vision of what the financial system is today and where it is heading. We urge UNEP to ensure that its performance framework can evolve beyond green finance to reflect wider sustainable development goals. The addition of UNEP’s country-level data should also encourage financial sectors to compete on, and create innovative business models to deliver, sustainability, inequality and financing for the real economy.”
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Teresa Ribera, former Secretary of State for Climate Change and director of Institute for Sustainable Development and International Relations
“Once again, the Inquiry team helps us to understand the crucial role that the financial sector can play in achieving sustainability. Its new report provides an excellent basis for a better learning among professionals and policy makers, as well as a good basis for an informed conversation on how to reshape the offers of the financial system to a society increasingly aware of what sustainability means and why it matters.”
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Catherine Howarth, Chief Executive of ShareAction
“UNEP are absolutely right that a ‘quiet revolution’ is underway in aligning finance to sustainable development. The framework being developed by UNEP can, like the Citizens’ Dashboard, bring more transparency to our financial system, empowering savers to turn the quiet revolution into one too loud to be ignored”