China’s economy has grown 10 times as fast as that of the United Kingdom during its industrial revolution and affected 100 times as many people. But these headline economic success stories mask major fault lines in Asia’s development model.
The region’s future economic growth, stability, and shared prosperity are all under threat from the impact of a swelling list of environmental and social problems. Despite growing awareness on the need to address these challenges, however, the finance sector has been slow to respond.
The financial services sector plays a critical role in achieving sustainable development and addressing climate change, therefore we urgently need to move the needle on finance and help the industry integrate ESG into all aspects of their operations.
This report highlights outcomes from the discussions during the inaugural Eco-Business event, “Unlocking capital for sustainability,” held in February and supported by Standard Chartered Bank and real estate firm City Developments Limited, along with supporting organisations PARIMA, SIIA, Global Compact Network Singapore and RuderFinn.
It sought to answer this question: How do we unlock capital for sustainability?
Download the full report here.