Sustainability Community

Sharing The Commonwealth Secretariat and University of Cambridge Centre for Resilience and Sustainable Development (CRSD)'s new report for 💥💥 "💥 🚀 Their Future, Our Action and the COMPASS Model: A New Approach to #Finance in #Commonwealth Small Island Developing #States." 💥💥

📣💥💥 🚀 Key findings 🔑👇:

✅✨🎯 Need for a #SIDS-specific financial institution:
➡️✨ #SIDS need specific institutional support to diversify investment away solely from the public sector towards accessing private capital markets.
➡️✨ Currently #climate and #sustainability-themed investment funds are valued at approximately $USD 442 billion to $USD 1.16 trillion annually.

❗ ✨🎯 SIDS challenges in accessing funds

➡️✨ Accessing blended or private sector funding is challenged by perceived #business risks, #climatechange impacts, lack of #project pipelines, high transaction costs & high debt levels. Current funding approaches do not adequately tackle these issues.

✅✨🎯#Ocean and #biodiversity assets of SIDS hold immense global importance in combating climate change & biodiversity loss & building resilience.

SIDS have significant investable assets. SIDS manage 22% of global ocean Exclusive Economic Zones (EEZs) and are globally recognised for their biodiversity, cultural richness, and preservation of traditional knowledge about resilience and adaptation. Additionally, SIDS have significant youth populations eager for new economic opportunities.

✅✨🎯 Our research team argues that the ocean and biodiversity assets of SIDS, along with their custodianship of traditional knowledge, hold immense global importance in combating climate change and biodiversity loss and building resilience. Consequently these assets merit substantially increased funding support from the international financial community. Collectively, these investable opportunities are summarised in the collaboration as investing in 'Nature' and 'Youth'

More information on the launch and the report link available below...Pls feel free to reach out with any questions...Thanks. 

Arun Kelshiker CFA, CAIA on LinkedIn: #sustainable #finance #finance #commonwealth #states #london...