The GSG continues as a knowledge partner to the G20 Sustainable Finance Working Group

The GSG is proud to continue its knowledge partnership with the #G20 Sustainable Finance Working Group (SFWG) under the India presidency of the G20, building on our contributions from 2021 (G20 Italy) and 2022 (G20 Indonesia).

Access the SFWG website to read our latest input paper on “Impact Investment Opportunities to Support the Social Agenda”, presented during the SFWG workshop on Enabling finance for the SDGs, held ahead of the SFWG´s second meeting on 22 March 2023, where we: 

  • Review the state and trends of the global impact investment market;
  • Make the case for the urgent need of private capital deployment at scale in support of the SDGs, in the understanding that public money alone will not be enough to tackle a $4Trn+ annual financing gap through to 2030;
  • Point to innovative impact vehicles and instruments that can be particularly helpful to make progress on some of the most pressing social issue areas, including outcomes-based commissioning mechanisms in public sector procurement and pay-for-results incentives in the global bonds market; 
  • Highlight the need for adequate policy environments and incentives, as well as convergence towards globally accepted standards and frameworks for impact disclosure and reporting as key levers for scale; and
  • Call the G20 to play a key role in scaling sustainable and impact finance in support of the SDGs and a just transition, including through leadership, international coordination and high level political support.

Thanks to all colleagues and organizations with whom we shared a most interesting panel discussion on Social Impact Financial Instruments, brilliantly moderated by Eila Kreivi from the EIB, with great contributions from fellow panelists Natasha Garcha (Impact Investment Exchange (IIX)), vineet rai (Aavishkar Group, India) and Dean Hand (The Global Impact Investing Network).

Congratulations to the G20 India Presidency, SFWG co-Chairs USA and China and our esteemed colleagues at the UNDP Marcos Neto and Marcos Mancini who lead the SFWG Secretariat.

We are delighted to continue working together to foster impact economies worldwide, mobilizing impact capital at scale, with transparency and integrity, to help bridge the $4Trn annual financing gap to deliver the SDGs by 2030 and achieve a just transition to net zero that leaves no people and places behind.

There has never been a greater need or a more urgent time to act together, transforming the global economic system for good.

GSG Chief Market Development Officer named in the Top 100 Women in Social Enterprise

In celebration of International Women’s Day, the GSG is delighted to announce Krisztina Tora, Chief Market Development Officer, has been named in Euclid Network’s Top 100 Women in Social Enterprise.

Each year since 1911, International Women’s Day (IWD) honours women’s social, economic, cultural and political accomplishments, and raises awareness about discrimination. It is a reminder for us all to take action together. Everyone, everywhere can challenge gender stereotypes and seek out inclusion.

Collective activism is needed for all of society to experience the positive impacts of gender parity. This year’s campaign – #EmbraceEquity – is designed to start important conversations about why equal opportunities aren’t enough. People start from different places and live different experiences. Equitable action is required to achieve true inclusion. Learn more about the critical differences between ‘equality’ and ‘ on the IWD website.

 

I’ve dedicated my career to improving our world. For the last decade, I’ve focused on ways to ensure that capital flows to the organisations that create social and environmental impact – whenever they need it, wherever they are.

There’s still so much to do, but I see progress every day, across 70 countries, and often thanks to women. A new generation is rising to provide better leadership for change and that makes me optimistic.

Krisztina Tora, Chief Market Development Officer

The Global Steering Group for Impact Investment

Since 2020, Euclid Network’s (EN) Top 100 Women in Social Enterprise initiative has given a platform to women that contribute to society through their innovation and entrepreneurship. In the spirit of empowering women leaders in Europe and accelerating progress towards a more gender-equal world, this carefully selected list celebrates women in the social enterprise sector, spotlighting their impact journey and achievements, connecting them to inspire and learn from each other. 

From a list of over 900 incredible women leaders in the European social enterprise ecosystem, EN together with an expert jury has compiled the list of the Top 100 Women in Social Enterprise who have demonstrated significant social and/or environmental impact in 2023. Under #EmbraceEquity, this list aims to represent the cultural, economic, religious, ethnic, racial, gender, physical/mental, and sexually diverse European social enterprise sector. 

International Women’s Day 2023 celebrates the efforts of women and girls in shaping a more equal future. We can all break the bias and help create a more inclusive world. Let’s #EmbraceEquity and get inspired by their success stories and accomplishments. Let us all celebrate these incredible women changemakers together! 

Take a look at the profiles of the incredible women on this year’s list.

 

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