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Acceptance is required, that humans, culture, collaboration, and governance are central
to sustainability, necessitating that responsive actions need to be devised and
implemented accordingly.
2.3 Recognizing that resources must go where the action must be
The systemic crisis must be met on the ground. Where urgent action must happen, resources
and capacity building must reach! How to channel resources accordingly goes beyond
multilateral bodies, or government-to-government debate. Increasing pressures have led more
than half the world’s corporate assets to become ESG compliant, with real consequences for
the cost of capital, debt as well as equity, worldwide. Frameworks such as SASB
(Sustainability Accounting Standards Body), GRI (Global Reporting Initiative) and TCFD
(Task Force on Climate-related Financial Disclosures) provide guidance, set standards for
financially relevant sustainability information, with implications for the interface between
corporates and investors. Yet, the relevance of all this is questionable. Sharper guidance and
motivations need to be framed for the financial and corporate sectors to meet with the real
needs and efforts of achieving sustainability on the ground.
The challenges of finance need to be tackled by developing and implementing
mechanisms capable of fixing today’s disconnect between pledges to investment “green”
and what real impacts appear on the ground. We intend to propel a process engaging
key actors and stakeholders in bringing about a changed dynamic.
2.4 Identifying and building on solutions at hand
After decades of globalisation, we currently experience a state of fractionalisation,
dismantling of supply chains, and new ‘cold wars’ between nations, making addressing
global challenges collectively looking both a necessity and an impossibility. The creative
scope and reach of human ingenuity keep advancing tirelessly as observed every day, in
many instances nurturing nature and humanity side-by-side. These abilities and efforts are
held back by rigidities and barriers, however. Enhanced communication and cooperation,
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