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Jul 15, 2020 13 tweets 28 min read Read on X
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit at #UpsideDownNNIP online event Nobel Laureate Professor @JosephEStiglitz is giving his keynote speech

#ResponsibleInvesting ImageImage
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit ✅ we need new economic measurements that reflect our values and the state of our society as a whole
✅ recovery plans are going to be extended over a long period of time
✅ there's a need to impose conditionalities to shape a more sustainable economy
#Stiglitz
#UpsideDownNNIP
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit#climatechange is not going away
✅ things are worse than anticipated, the question is how fast and devastating it will be
✅ it's important that metrics reflect systemic risks/fragilities
✅ better metrics may encourage longterm thinking
#Stiglitz
#UpsideDownNNIP
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit ✅ excessive emphasis on short-term has led to a less resilient economy
✅ Covid-19 showed that we need longterm thinking
✅ Covid-19 and climate change are global issues that can be addressed only thru global cooperation
#Stiglitz
#UpsideDownNNIP
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit we need to shift our focus on creating a healthy society along with a resilient economy
#AdrieHeinsbroek
#UpsideDownNNIP
#ResponsibleInvesting ImageImage
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit I'm very supportive of the #EUGreenDeal, longterm bonds represent a way of longterm thinking
#Stiglitz

#UpsideDownNNIP Image
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit our current metrics don't reflect #vulnerability to #climaterisks, #ESG measures go in the right direction but there's work to be done
#Stiglitz

#UpsideDownNNIP
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit the financial industry has now recognized that taking #ESG factors into account leads to more #resilient portfolios
#AdrieHeinsbroek
#UpsideDownNNIP
#ResponsibleInvesting Image
@NNIP @JosephEStiglitz @SriEvent_It @SRI_Natives @andytuit if everybody exercises his 'voice', as a consumer, as an investor, as a citizen, it does make a difference
#Stiglitz
#UpsideDownNNIP Image

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More from @SriEvent

May 24, 2022
#SriAgenda in 5min - #May24 9am CEST

Taxonomy CDA: Implications on financial markets and the role of #fossilgas in EU green transition "@Bellona_EU @ClimateBonds
us20.campaign-archive.com/?u=e8b672e2cb2…

#fossilfuels #climatecrisis #climatefinance #greenfinance #sustainablefinance @andytuit
@Bellona_EU @ClimateBonds @andytuit there's a lot of #greenwashing in the financial industry, this is why there's the need for a taxonomy, says @ph_lamberts starting his speech

#fossilgas #fossilfuels #climatecrisis #climatefinance #greenfinance #sustainablefinance @GreensEFA
@Bellona_EU @ClimateBonds @andytuit @ph_lamberts @GreensEFA we need to block the CDA-Climate Delegated Act because we want a label that is reliable, we need reliable market infos, if we include gas and nuclear we're distorting the market, says @ph_lamberts

#climatefinance #greenfinance #sustainablefinance @marietouss1 @EleonoraEvi
Read 25 tweets

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