President Berset calls for more sustainable investment
Geneva, 22.10.2018 - At the World Investment Forum in Geneva, organised by the United Nations Conference on Trade and Development (UNCTAD), President Alain Berset commended the strong growth in the market for sustainable investments. At the same time, he called for the international community, the private sector and civil society to intensify efforts on sustainable development.
"The efforts of the public and private sectors must be coordinated in order to achieve sustainable development goals", said President Berset on Monday, 22 October. The public sector establishes a framework that is conducive to financial innovation and offers incentives to business to take sustainable decisions. In return, the private sector can apply significant leverage thanks to its know-how, creativity and financial strength.
Switzerland supports the fact that environmental and social standards are becoming increasingly important for business, and was involved in the drafting of the CFS Principles for Responsible Investment in Agriculture and Food Systems.
Around 5,000 delegates are attending the World Investment Forum in Geneva under the theme of ‘Investing in Sustainable Development' to discuss ways of building global partnerships and initiatives to achieve that aim. This is the sixth edition of the World Investment Forum, which is held every two years; it is the second time that the event has taken place in Geneva, the first being in 2014. The global platform seeks to gather together representatives from government, the private sector and civil society.
President Berset will meet with Botswanan President Mokgweetsi Masisi on the fringes of the Forum to discuss economic relations between the two countries and cooperation at international level.
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