• An entity (financial institution or corporate) becomes sustainable for the long term, when it contributes directly/indirectly towards its ecosystem with a multi-stakeholder focus​

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• The direct or indirect impacts are often non-financial outcomes and they do not come from a profit mindset but entities having a Purpose, a higher purpose beyond just making a profit. Examples could be reduction of negative impacts due to money laundering, inaccurate credit risk quantification, GHGs emissions, negative impacts on nature & biodiversity, lack of inclusivity at workplace, ignorance towards society, lack of focus on netzero on non-recycled plastics, non-recycled water and other commodities that are taken for granted, etc. 

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• Climate change is not a standalone problem; the issues behind the SDGs are intertwined with the problem of climate change. Entities need to achieve their fair share of direct/indirect climate goals and all SDGs by 2030. Needs rapid innovations and scale-ups, culture and mindset shifts, solve issues of off-takes, align capital for the same, etc.  

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• The financial system has the responsibility and power to steer the economy towards one that is climate-friendly, inclusive, and sustainable for the long term. It needs to leverage on authentic outcome based universal ESG metrics with comparable sustainability performance, digital transformation for accurate  credit and compliance risk quantification, holistic credit risk rating, quantified underwritings, an authentic, robust & transparent ESG asset class built thereby, etc. leading to innovation in sustainable finance and its blended variation across transition finance, climate finance, impact investing, development finance, etc. through sustainable loans, bonds, funds, indices etc. Accurate credit risk quantification when providing concessional finance, guarantees, grants etc. and visibility of impact on the ground will ultimately mobilise private capital for EMDEs including MSMEs at scale and speed.