Progress Report

  • Christophe Nijdam, Secretary General of Finance Watch

    "By measuring the real world outputs of the financial system, both the Citizens’ Dashboard and UNEP’s performance framework will help policymakers and the public to see if commitments to finance sustainable development goals are being kept. On a practical level, they could improve the ability of markets and policymakers to identify risks and identify emerging trends.”

  • Chris Hewett, Finance Innovation Lab and Convenor of the Transforming Finance Network

    “Data and indicators are key to supporting a vision of what the financial system is today and where it is heading. We urge UNEP to ensure that its performance framework can evolve beyond green finance to reflect wider sustainable development goals. The addition of UNEP’s country-level data should also encourage financial sectors to compete on, and create innovative business models to deliver, sustainability, inequality and financing for the real economy.”

  • Christine Berry, Principal Director for Policy and Government at the New Economics Foundation

    “With financial stability concerns still high, future iterations of UNEP’s performance framework must reflect society’s broader concerns about the economy and financial stability as well as the environment. This should include progress on tackling business models that distort capital allocation or create systemic risk, such as too-big-to-fail universal banks, which are themselves barriers to sustainable development.”

  • Catherine Howarth, Chief Executive of ShareAction

    “UNEP are absolutely right that a ‘quiet revolution’ is underway in aligning finance to sustainable development. The framework being developed by UNEP can, like the Citizens’ Dashboard, bring more transparency to our financial system, empowering savers to turn the quiet revolution into one too loud to be ignored”

  • Oliver Greenfield, Convenor of the Green Economy Coalition

    “We all missed a huge opportunity to reform the financial system following the crisis – not just elected officials, policy makers and supervisors: civil society as well. The momentum for greener - and fairer - economies has reached a tipping point and can inspire a transformation. “GEC has followed closely the UNEP finance inquiry from the beginning and we support their ongoing work on a performance framework. We will continue to work with them, and with Finance Watch and our other members, to build a shared narrative for how transformation can come about, a set of metrics backing our assessments and, most importantly, an ambitious ‘change finance’ agenda for the years to come.”

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