IFAC urges G20 to focus on sustainability reporting
Joe Pickard, 15 September
chieving a more sustainable and inclusive economy with the necessary speed requires mobilising the private sector and governments to work together. The G20 Finance Ministers and Central Bank Governors have identified the critical role of high-quality and comparable data and disclosures in mobilising sustainable finance. The B20 Finance & Infrastructure Task Force recognises the same.
Champion Public Financial Management:
At the heart of public sector transparency and integrity—and prosperity for all individuals—is robust public financial management (PFM) meaning that resources are appropriately allocated against public policy objectives that are in the public interest. Governments must endeavour to achieve the most with the resources they have, while minimising loss through waste, fraud, or corruption—high quality PFM makes this happen.
The full call to action can be read here.