February 1, 2021 – Recognizing the importance of a green post COVID-19 recovery as a critical moment for sustainable finance, the Global Green Growth Institute (GGGI) participated in the Abu Dhabi Sustainable Finance Forum on January 20, 2021. GGGI Director-General, Dr. Frank Rijsberman, took part in a panel discussion to share his insights on a sustainable recovery in the post COVID-19 era.
During the event, Dr. Rijsberman discussed how many governments became more interested in sustainability issues after COVID-19, considering the increased need for more employment and the importance of a sustainable recovery. “The strongest argument of some of these green investments is also that they bring about more employment, more green jobs than conventional investments,” shared Dr. Frank Rijsberman.
Director-General Rijsberman also shared that GGGI is working with its Member governments to come up with Low Emission Development Strategies that go along with net-zero targets, which will then provide greater clarity for companies & markets.
“We’re hoping that COP26 in Glasgow in November will finalize Article 6 that will help to create a global carbon market … I think we’ll see a clearer signal on what the carbon price is and that will help create more standardized measurements for impact,” explained Dr. Rijsberman.
Watch the entire panel discussion from the event here.