Children’s Rights in Responsible Investments
This is a space for sharing information, good practices and initiating action on Children’s Rights, guided by UNICEF.
12 members
PRI signatories are invited to sign a global investor statement urgently calling for a fair and equitable global response to COVID-19 by world leaders and the pharma industry.
A study commissioned by the International Chamber of Commerce Research Foundation has found that advanced economies that can vaccinate all of their citizens remain at risk of a sluggish recovery with a drag on GDP if infection continues to spread unabated in emerging markets. In fact, the global economy stands to lose as much as US$9.2 trillion if governments fail to ensure that developing economies gain access to COVID-19 vaccines. These losses dwarf the funding needed to enable vaccines to be procured for everyone, everywhere – making a clear “investment case” for full capitalization of the ACT-Accelerator and a coordinated global approach to distribution.
A different study commissioned by the Bill & Melinda Gates Foundation has reached a similar conclusion: leaving lower-income countries without access to vaccines amid the COVID-19 pandemic will cause significant economic damage that puts decades of economic progress at risk – for both emerging markets and advanced economies alike. The report has estimated that the economic benefits of a global equitable vaccine solution alone for the 10 countries included in the analysis would be at least US$ 153 billion in 2020-21, rising to US$ 466 billion by 2025. This is more than 12 times the US$ 38 billion estimated total cost of the ACT-Accelerator.
Given the pervasive health and social costs of the pandemic, there is a strong moral argument to leave no one behind. The two reports above highlight that empowering an effective, fair and equitable global response to COVID-19 via the ACT-Accelerator in 2021 is not only the right thing to do – it also makes full economic sense.
This is a space for sharing information, good practices and initiating action on Children’s Rights, guided by UNICEF.
The rapid deployment of Facial Recognition technology has raised major concerns about the impact on privacy, data protection, and civil liberties. This Investor Statement calls on the companies involved in this technology to increase disclosure,…
A proposal to disclose external inequality costs has been filed at Marriott International (MAR).