{"id":39561,"date":"2019-07-16T19:46:58","date_gmt":"2019-07-16T17:46:58","guid":{"rendered":"https:\/\/csregypt.com\/?p=39561"},"modified":"2019-07-16T19:46:58","modified_gmt":"2019-07-16T17:46:58","slug":"two-new-platforms-offer-the-latest-knowledge-on-green-finance-and-green-business","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/two-new-platforms-offer-the-latest-knowledge-on-green-finance-and-green-business\/","title":{"rendered":"Two new platforms offer the latest knowledge on green finance and green business"},"content":{"rendered":"

A global partnership of some of the world\u2019s largest organizations today launched two new knowledge platforms \u2013 the Green Industry Platform and the Green Finance Platform \u2013 at the High-level Political Forum for Sustainable Development in New York. These platforms provide the financial and private sectors with the latest research, data, guidance, and tools from leading experts and institutions to help green their operations.<\/p>\n

The need for practical and targeted knowledge to support the transition to inclusive green economies is more urgent than ever, with recent reports showing the\u00a0global decline of nature<\/a>and calling for unprecedented\u00a0action to reach climate targets<\/a>\u00a0set out in the Paris agreement.<\/p>\n

The Green Growth Knowledge Platform (GGKP) hosts a wealth of existing knowledge to support greener business, finance, and policy, from the return on investment on renewable energy investments to green bonds, sustainable infrastructure, green standards and regulations, etc. The platforms offer everything from global-scale assessments on flows of sustainable finance to highly specialised guidance notes on \u201cturning waste into gold\u201d in the bio-energy sector in Africa.<\/p>\n

Ban Ki-moon, former\u00a0Secretary-General of the United Nations and current President and Chair of the Global Green Growth Institute welcomed the launch of the two new platforms,<\/p>\n

\u201cThese are especially exciting times for the Green Growth Knowledge Partnership (GGKP), already the world\u2019s largest dedicated repository of green growth resources, case studies, and national documents,\u201d he said.<\/p>\n

Green Economy Approaches That Work in Policy, Business and Finance<\/strong><\/p>\n

\u00a0<\/strong>The Green Industry Platform and the Green Finance Platform will build on the existing\u00a0Green Growth Knowledge Platform<\/a>, which offers the latest know-how to support green policymaking at the national level. Users can browse by sector, country, region, or cross-cutting theme, including gender, jobs, climate change, circular economy, and natural capital.<\/p>\n

\n

\u201cThe\u00a0green\u00a0economy offers tremendous opportunity for businesses, financial institutions, governments, and people \u2013 it is the economy of the future,\u201d Inger Andersen, Executive Director of UN Environment, said. \u201cQuick and easy access to the latest\u00a0knowledge\u00a0and innovation is critical to ensuring we are able to build on good practices that already exist and ensure even greater benefits for nature and people.\u201d<\/p>\n<\/blockquote>\n

The Green Industry Platform will empower small and medium-sized enterprises (SMEs) with technical knowledge to green their input materials, end products, and operations, as well as evidence that this will improve their bottom lines.<\/p>\n

Welcoming the launch of the two new platforms, Li Yong, Director General of United Nations Industrial Development Organization (UNIDO), said, \u201cUNIDO welcomes the expansion of the Green Growth Knowledge Partnership to its new focus on industry through the Green Industry Platform, introduced in parallel with the Green Finance Platform. The Green Industry Platform is evolving to become a critical tool SMEs to engage in global efforts towards inclusive and sustainable industrial development.\u201d<\/p>\n

\u201cAs SMEs employ up to 60% of the global workforce; their full involvement in the transition to an inclusive green economy is essential to achieving the Sustainable Development Goals,\u201d he added. \u201cThe new Green Industry Platform will equip SMEs with sector- and region-specific information, guidance, and tools to grow their businesses by greening their operations or explore new green business models in emerging green industries.\u201d<\/p>\n

The Green Finance Platform will provide banks, insurance, and investment firms with a one-stop shop for the latest financial sector innovations to start, scale, and measure their contribution to a green economic transition. It will feature new tools for businesses and investors to assess natural capital risks and opportunities; guiding principles on responsible banking, insurance, and finance; and global reports on aligning the financial system with sustainable development.<\/p>\n

\u201cCombating climate change and encouraging green growth requires all communities and sectors to work together based on sound research and timely information and data,\u201d \u00c1ngel Gurr\u00eda, Secretary-General of the OECD, said. \u201cWe are pleased to partner in the launch of the two new platforms to expand the impact of the GGKP to the industry and finance communities.\u201d<\/p>\n

Moving forward, the partnership will work to connect the policy, finance, and business communities together in a neutral space to incentivize, finance, and put into operation green and inclusive practices.<\/p>\n

The Green Growth Knowledge Partnership is led by the Global Green Growth Institute (GGGI), the Organisation for Economic Co-operation and Development (OECD), the United Nations Environment Programme (UNEP), UNIDO and the World Bank.<\/p>\n

The GGKP benefits from strategic funding from Switzerland, Germany, the Partnership for Action on Green Economy (PAGE) initiative, the MAVA Foundation, and GGGI as well as programmatic funding from the Netherlands.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

A global partnership of some of the world\u2019s largest organizations today launched two new knowledge platforms \u2013 the Green Industry Platform and the Green Finance Platform \u2013 at the High-level Political Forum for Sustainable Development in New York. 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