SHINTA KAMDANI TO CO-CHAIR GLOBAL INVESTORS FOR SUSTAINABLE DEVELOPMENT ALLIANCE (GISD ALLIANCE)
The United Nations has chosen Indonesia’s renowned entrepreneur and IBCSD president Shinta Widjaja Kamdani as one of the 30 global corporate leaders to join the Global Investors for Sustainable Development Alliance (GISD Alliance). The alliance members will work alongside each other over the next two years in an effort to free up trillions of dollars from the private sector to finance the Sustainable Development Goals (SDGs).
UN Secretary-General António Guterres launched the alliance and held its first meeting in New York on Oct. 16 Eastern Time Zone. This was the first time a high-powered international business group has come together under the auspices of the secretary-general.
“The Alliance members are committing to cooperate across financial sectors and even with their competitors because it is both ethical and good business sense to invest in sustainable development for all people on a healthy planet,” Guterres said in a public statement.
According to the UN’s press release, the GISD Alliance will devise ways to stimulate long term investment in development both at the company and system-wide levels and speed up progress toward achieving the SDGs. The meeting was called to answer the most urgent challenges of the SDGs such as the alarming levels of youth unemployment, uneven growth, persistent poverty and trade tensions. In the social sector, rising global hunger, continued gender inequality and climate change were among the most pressing issues.
You may read UN press release here: https://www.un.org/sustainabledevelopment/blog/2019/10/gisd-alliance/