Investment in climate change mitigation & adaptation risks a temporary setback. Furthermore, the poorest and the most vulnerable have not been able to benefit much from the boom in sustainability finance ($5.2 trillion of sustainability-themed bonds and funds).
Actions for climate transformation need to be effectively factored into investment promotion strategies and international investment agreements #IIAs.
A new UNCTAD report launched on the occasion of #COP27 urges that action is needed for international investment to return to its growth path.
The publication brings together the key findings of several recent monitors published by UNCTAD, including a Special Issue of the Global Investment Trends Monitor (GITM no. 43) on climate change investment trends, a Special Issue of the Investment Policy Monitor (IPM no. 9) on national investment policy developments relevant to climate change, and two IIA Issues Notes on developments in the area of international investment agreements and investor-State dispute settlement.
The publication further incorporates key findings from the World Investment Report 2022, insights from the intergovernmental debate during UNCTAD’s Multi-Year Expert Meeting on Investment and Climate Change held in October 2022, and elements from the G20 Compendium on Promoting Investment for Sustainable Development, prepared by UNCTAD under the guidance of the Indonesian presidency of the G20.
UNCTAD will continue to monitor global investment trends and prospects, as well as national and international policy developments, with a special focus on progress towards the SDGs and on climate change mitigation and adaptation.
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