24, 25, and 26 May 2023, Barcelona – The Union for the Mediterranean, in collaboration with ANIMA Investment Network will organize a Conference on “Aligning investments with sustainability and corporate responsibility – The digitalization of impact measurement’’, in Barcelona (Palau Reial de Pedralbes) with the support of the German Development Cooperation and EBSOMED.
Investments, particularly Foreign Direct Investment (FDI), are intended to contribute to the socioeconomic development of host countries by creating decent jobs, generating income, favoring technology transfer and skills development, and boosting productive sectors and services, among other advantages. However, not all FDI necessarily positively affect environmental and social aspects when it comes to their own business model and impact.
Worldwide commitments, for example, the Paris Agreement on climate change, the UN Guiding Principles on Business and Human Rights, and the EU Directive on Corporate Sustainability Reporting, set out a series of principles and guidelines which promote environmental sustainability and social inclusion. In this framework, it is crucial for Business Support Organizations and Investment Promotion Agencies (IPAs) to scrutinize investment projects based on sustainable international standards to prioritize those which are economically profitable, environmentally sustainable, and socially inclusive.
In this context, this joint Conference will be the occasion to showcase several initiatives aiming at driving private investments towards achieving the Sustainable Development Goals as well as to have an exchange on how to use concrete tools to assess their performance in terms of economic, environmental, and social effects.
This event is intended for participants from the UfM countries representing:
The UfM will sponsor up to 30 participants from non-EU countries based on their profile and geographical and gender balance. Selected peopled will be contacted in due course.
If you are interested, please register now at the following link
Follow the event here (Live streaming available on the 24th of May)