Leaders endorse new G20/OECD principles on long-term investment financing

G20 leaders have endorsed an OECD-launched initiative to encourage the flow of institutional investment towards longer-term assets, such as infrastructure and renewable energy projects, in order to strengthen the global economy. In the wake of the financial crisis, governments are looking for other, non-bank sources of funds to support long-term projects. Principles conducive to establishing a framework that encourages institutional investment in long-term assets are addressed in the High-Level Principles of Long-Term Investment Financing by Institutional Investors. Policies include educating consumers and improving incentives for higher levels of long-term savings.

Originally Published: 
06/09/2013