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Sustainable Development: the Business-class Train Has Left the Station and the Canary is in the Coal Mine

Cara Santos Pianesi's picture

Last week, MIGA hosted a panel discussion on the role of the private sector in sustainable growth as part of the World Bank Group’s Sustainable Development Network Forum 2012. Taking the initiative as an agency of the World Bank Group that encourages investment by the private sector, MIGA brought this angle to the more general sustainable growth discussion.

Keynote speaker Jeffrey Leonard from the Global Environment Fund opened citing the World Bank President’s remarks on sustainable development that were right on the money – outlining an urgent need for attention to the matter, noting that resources must be made available  – yes, good, onward! The catch? They were attributed to a president who left office 25 years ago (Tom Clausen).