Investor Leadership Network, U.S. Treasury Secretary Janet Yellen Launch Commitment to Mobilize Private Capital for Climate and Development
July 04, 2023
The Investor Leadership Network (ILN), with the leadership of CDPQ, Natixis Investment Managers, and Ninety One, launched a new commitment alongside United States Secretary of the Treasury Janet L. Yellen at the Summit for a New Global Financial Pact in Paris to work together over the next three years to accelerate pension fund and institutional investments in emerging and developing economies in the critical areas of energy transition and sustainable infrastructure.
The investor-led consortium will focus, with support from United States Treasury, The Rockefeller Foundation, and the Sustainable Markets Initiative, on increasing access to data and developing mechanisms that will facilitate investments in key sectors and countries. It aims to broaden and deepen private sector financing, including via co-investing with multilateral development banks, to better meet our profound global climate and human development challenges. ILN will inaugurate a working group to pursue this goal by COP28.
The ILN was launched by the G7 in 2018 to drive the transition to a sustainable global economy and includes investors representing over US $10 trillion assets under management.