UN / INVESTORS SUSTAINABLE DEVELOPMENT

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12-Oct-2022 00:02:01
More than 20 top business executives met at the Fourth Annual Meeting of the Global Investors for Sustainable Development (GISD) Alliance to present transformative solutions for bridging the annual financing gap of 4.3 trillion US dollars to achieve the Sustainable Development Goals (SDGs) in developing countries. UNIFEED

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STORY: UN / INVESTORS SUSTAINABLE DEVELOPMENT
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SOURCE: UNIFEED
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DATELINE: 12 OCTOBER 2022, NEW YORK CITY/ FILE

SHOTLIST:

RECENT - NEW YORK CITY

1. Wide shot, UN headquarters

12 OCTOBER 2022, NEW YORK CITY

2. Wide shot, walk in
3. SOUNDBITE (English) Navid Hanif, UN Assistant Secretary-General for Economic Development:
“They have been able to come up with a common designation for sustainable development investment, instruments to facilitate investments and also measuring tools and reporting indices, so that industries can align their financial decisions with the 2030 Agenda. So today, they met here in New York and issued a joint statement, that the co-chairs will share with you shortly. They have also given commitment to the Secretary-General that, in the current challenging environment, both economic and geopolitically, that they will do the utmost to rescue the SDGs and build momentum for the SDG Summit, to be held in September of next year.”
4. Med shot, participants in the briefing room
5. SOUNDBITE (English) Leila Fourie CEO of the Johannesburg Stock Exchange and co-chair of the Global Investors for Sustainable Development (GISD) Alliance:
“There was a concerted effort to encourage partnership between governments, MDBs [Multilateral Development Banks], private and public sector to ensure that, while countries are understandably focusing on the near term crisis management and short-term actions, that those are balanced with long-term considerations, particularly around social constructs related to SDGs, as well as climate related constructs.”
6. Med shot, participants in the briefing room
7. SOUNDBITE (English) Jose Vinals, Group Chairman of Standard Chartered and co-chair of the Global Investors for Sustainable Development (GISD) Alliance:
“As we know, the SDGs are in trouble, they need to be rescued, and that is why we are doing all this work with a great sense of urgency. In order to take the forward-looking view now, there is a great deal to look forward in the next 12 months, as GISD members continue to scale the existing efforts that Leila talked about and embark in some great new initiatives.”
8. Wide shot, briefing room

STORYLINE:

More than 20 top business executives met at the Fourth Annual Meeting of the Global Investors for Sustainable Development (GISD) Alliance to present transformative solutions for bridging the annual financing gap of 4.3 trillion US dollars to achieve the Sustainable Development Goals (SDGs) in developing countries.

Briefing journalists in New York on Wednesday (12 Oct) after the event, the UN Assistant Secretary-General for Economic Development said the participants “have been able to come up with a common designation for sustainable development investment, instruments to facilitate investments and also measuring tools and reporting indices, so that industries can align their financial decisions with the 2030 Agenda.”

According to Navid Hanif, the executives “have also given commitment to the Secretary-General that, in the current challenging environment, both economic and geopolitically, that they will do the utmost to rescue the SDGs and build momentum for the SDG Summit, to be held in September of next year.”

The Fourth Annual Meeting took place amid a worsening global economic outlook, with concurrent global crises including the war in Ukraine, climate change and the continuous impact of COVID-19.

Leila Fourie, CEO of the Johannesburg Stock Exchange and co-chair of GISD, said that, in the meeting, “there was a concerted effort to encourage partnership between governments, MDBs [Multilateral Development Banks], private and public sector to ensure that, while countries are understandably focusing on the near term crisis management and short-term actions, that those are balanced with long-term considerations, particularly around social constructs related to SDGs, as well as climate related constructs.”

Another co-chair of GISD, Jose Vinals Alliance, Group Chairman of Standard Chartered, said that “the SDGs are in trouble, they need to be rescued, and that is why we are doing all this work with a great sense of urgency.”

Looking ahead, Vinals said “there is a great deal to look forward in the next 12 months, as GISD members continue to scale the existing efforts that Leila talked about, and embark in some great new initiatives.”
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