Major investor network recommends ecocide law

The International Corporate Governance Network (ICGN), whose members include the world’s largest public pension funds and asset management companies, recommends governments to criminalize ecocide.

The International Corporate Governance Network (ICGN), a global organisation led by investors responsible for assets of $59 trillion, more than half the world’s total assets under management, recommends criminalizing ecocide. Full statement available to ICGN members here.

This is a significant step toward making international ecocide law a reality, redirecting investment flows toward initatives that also benefit people and planet.

The ICGN recommends governments to:

“Mandate regulations and collaborate internationally to criminalise ecocide.”

The statement goes on to recommend that governments:

 

“Ensure sanctions, enforcement, and resources to protect biodiversity, advance conservation and increase protected areas as guided by science.”

“It is a hugely important step that the ICGN, which represents more than half of the world’s total capital under management, clearly recognizes that there is a need for hard law to regulate investments,” says Monica Schüldt from the Ecocide Law Alliance.

“By taking this stand, ICGN is actively helping to create health for people and planet as well as boosting regenerative business and investment.”

“We call for business leaders from all industries and all continents to make similar public declarations and to use their networks to speed up the advent of this vital law.”

Full statement available to ICGN members here.

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