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Press release from the SMI 29 October 2021

Ahead of G20 & COP26, HRH The Prince of Wales’ Sustainable Markets Initiative unveils new initiatives to support planet and nature

Ahead of crucial meetings at G20 and COP26, HRH The Prince of Wales and his Sustainable Markets Initiative today announce a suite of initiatives to unlock and accelerate the momentum towards a sustainable future

Download the full press release here.

Earlier this year HRH The Prince of Wales brought private sector leaders to the G7 Summit, for the first time ever, to discuss climate action. He will host world and business leaders at the upcoming G20 and COP26 meetings to encourage public and private sector collaboration to unlock trillions of dollars to help transition to a sustainable economy.

To support these discussions, the SMI is today announcing a series of initiatives which aim to scale the flow of investment from the private sector and to encourage needed action from governments to enable investment flows across all industries and across all countries.

His Royal Highness The Prince of Wales said: “Only the private sector has the trillions of dollars of finance available which we will need to create the necessary new infrastructure and meet the vital 1.5 degree climate target that will save our forests and farms, our oceans and our wildlife. What today’s announcement shows is that over the last two years the 300 CEOs who are part of the Sustainable Markets Initiative have not just talked about these issues, but have taken action. As we approach COP26 they have earned a seat at this most important table so that we can tackle the environmental crisis in partnership.”

HRH The Prince of Wales has long argued that unprecedented levels of carefully targeted investment are needed to tackle climate change and to protect Nature.The initiatives announced today aim to unlock access to the annual $4 trillion dollars of investment needed to keep the 2015 1.5C goal alive.