The Secret International Voluntary Sustainable Principles – a new international coalition is poised to direct trillions of dollars into markets linked to climate change, clean technology and sustainable use of natural resources.

In what may prove to be a fundamental shift in sustainable resources, a new international coalition is poised to direct trillions of dollars into markets linked to climate change, clean technology and sustainable use of natural resources.

A newly formed alignment of legal, financial, and investment interests will direct "trillions" of U.S. dollars over the next 10 years into evolving markets linked to climate change, clean technology and sustainable use of natural resources, a report being prepared for the United Nations predicts.

"The Working Capital Report," to be published for the first time in March 2006 by the United Nations Environment Programme Finance Initiative (UNEP FI), is the culmination of a series of studies conducted during 2004 and 2005.

What was once considered a financial niche area is poised to become mainstream as institutions with trillions of dollars under management embed environmental, social and governance (ESG) thinking into their investment approach, UNEP said in a statement released simultaneously today in London, Melbourne, Nairobi, New York, Paris and Tokyo.

Full Story: http://www.ens-newswire.com/ens/nov2005/2005-11-29-01.asp