UN / SUSTAINABLE DEVELOPMENT ALLIANCE

The Global Investors for Sustainable Development Alliance (GISD), a unique alliance of 30 CEOs convened by the Secretary-General as part of his Strategy for Financing the 2030 Agenda for Sustainable Development, was launched at UN Headquarters. UNIFEED

• Categories: News & Features / News Stories / Unifeed
• Video Length: 00:02:18
• Production Date: 16 October 2019
• Asset Language: English
• Personal Subject: ELLIOTT HARRIS
• Corporate Name: DEPARTMENT OF ECONOMIC AND SOCIAL AFFAIRS - DESA
• Subject Topical: FINANCE; SUSTAINABLE DEVELOPMENT GOALS
• MAMS Id: 2475899
• Parent Id: 2475899
• Alternate Title: unifeed191016g

Description

STORY: UN / SUSTAINABLE DEVELOPMENT ALLIANCE
TRT: 02:18
SOURCE: UNIFEED
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 16 OCTOBER 2019, NEW YORK CITY / FILE

Shotlist

FILE – RECENT, NEW YORK CITY

1. Wide shot, exterior United Nations headquarters

16 OCTOBER 2019, NEW YORK CITY

2. Med shot, dais
3. Med shot, journalists
4. SOUNDBITE (English) Elliott Harris, Assistant Secretary-General for Economic Development and Chief Economist:
“The Global Investors for Sustainable Development Alliance is comprised of 30 heads of leading firms. These are financial institutions, but also non-financial corporations from around the world. The core focus of the Alliance is to propose and develop concrete solutions for mobilizing long-term, finance long-term investment for sustainable development.”
5. Med shot, journalists
6. SOUNDBITE (English) Elliott Harris, Assistant Secretary-General for Economic Development and Chief Economist:
“It’s aim is not only to mobilize this money, but to provide advocacy, to provide guidance on how the enabling conditions for this type of long-term investment can be improved and to provide an example to others that others can follow on how this new investments can take place, can be organized, how financial instruments can be innovated and designed to facilitate mobilization of this long-term finance, and also to find ways of channeling the resources to the sectors and the countries that need these resources the most.”
7. Med shot, dais
8. SOUNDBITE (English) Leila Fourie, Chief Executive Officer, Johannesburg Stock Exchange and GISD Alliance Co-Chair:
“Achieving the SDGs will cost trillions of dollars every year, mainly in the health, education, climate action, and of course infrastructure, including power and energy, telecommunications, transport, water and sanitation. Even though considerable finance will come from public sources, it’s clear that private sector will have a role to play.”
9. Med shot, dais
10. SOUNDBITE (English) Leila Fourie, Chief Executive Officer, Johannesburg Stock Exchange and GISD Alliance Co-Chair:
“We will use multilateral relationships through l9obbying and advocating with government, with policy -makers, with civil society, in order to use our convening powers and to influence, educate, advocate and highlight the importance of this. So, it’s as much about channelling finance as it is about using influence and convening powers.”
11. Zoom out, end of presser

Storyline

The Global Investors for Sustainable Development Alliance (GISD), a unique alliance of 30 CEOs convened by the Secretary-General as part of his Strategy for Financing the 2030 Agenda for Sustainable Development, was launched today (16 Oct) at UN Headquarters.

Talking to reporters, the Assistant Secretary-General for Economic Development, Elliott Harris, said the the core focus of the GISD is “to propose and develop concrete solutions for mobilizing long-term, finance long-term investment for sustainable development.”

He said, “it’s aim is not only to mobilize this money, but to provide advocacy, to provide guidance on how the enabling conditions for this type of long-term investment can be improved and to provide an example to others that others can follow on how this new investments can take place, can be organized, how financial instruments can be innovated and designed to facilitate mobilization of this long-term finance, and also to find ways of channeling the resources to the sectors and the countries that need these resources the most.”

GISD Co-Chair, Leila Fourie, who is the Chief Executive Officer at the Johannesburg Stock Exchange, said, “achieving the SDGs will cost trillions of dollars every year, mainly in the health, education, climate action, and of course infrastructure, including power and energy, telecommunications, transport, water and sanitation.”

She remarked that “even though considerable finance will come from public sources, it’s clear that private sector will have a role to play.”

Fourie said, “we will use multilateral relationships through lobbying and advocating with government, with policy -makers, with civil society, in order to use our convening powers and to influence, educate, advocate and highlight the importance of this. So, it’s as much about channelling finance as it is about using influence and convening powers.”

On 15 April this year, Secretary-General Antonio Guterres announced a CEO alliance to support SDG financing, telling private sector leaders that investing in sustainable development is “not a matter of goodwill” but the root of long-term global prosperity. The alliance was developed by the UN Department of Economic and Social Affairs (DESA) in close collaboration with the Swedish International Development Cooperation Agency (SIDA), based on the design of the Swedish Investors for Sustainable Development.

Following a discussion convened by SIDA and DESA in September 2018, the Global Investors for Sustainable Development (GISD) was announced on 15 April 2019. The announcement took place as part of the SDG Investment Fair in New York.