Global Investors for Sustainable Development Alliance

GISD Strategy Group Meeting

Jun 21, 2022

When: 21-22 June 2022

Where: Standard Chartered Headquarters, London

What: The outlook for the world economy is bleak. The COVID-19 pandemic continues to disrupt international markets and economies; the war in Ukraine has had a tremendous impact on food, energy and financial markets; economic challenges such as rising global inflation risk leading to monetary tightening are derailing an incipient recovery; and an escalating climate crisis continues to show snippets of the potential catastrophic effects of inaction.

The increasingly turbulent global situation is weighing in heavily on the already grim prospects of achieving the Sustainable Development Goals by 2030. Uncertainty continues to impact the private sector and its ability to significantly scale up investment that is aligned with sustainable development.

The Secretary-General has issued an urgent call to rescue the SDGs and avoid a downward spiral with devastating consequences for people, planet, and prosperity. Effective and actionable solutions to (a) scale up long-term investments and (b) strengthen alignment of private business and finance with sustainable development are urgently needed.

The overarching objective of the Strategy Group Meeting will be to identify how GISD Members are planning to adjust to a rapidly changing global context and what contributions the Alliance can make to turn the tide on the implementation of the SDGs. This will include:

  1. Concrete actions to advance the Alliance’s work programme;
  2. Proposals to develop GISD responses to the current crises; and 
  3. Recommendations for the Annual Meeting with the Secretary General.

In addition, GISD Members will benefit from the participation of Lord Nick Stern (IG Patel Professor of Economics and Government, London School of Economics) and Mr. Amar Bhattacharya (Senior Fellow, Brookings), who will be speaking at the meeting on ‘The Road to COP 27 - Financing a sustainable and resilient future.’