Alfonso Garcia Mora is IFC vice president for Asia and Pacific.
Investors have always known their business decisions have a social and environmental impact, but there was not enough evidence to measure it. It was more like a fringe benefit.
Private wealth can help make the world a better place

A girl and a woman walk through the water at Kali Adem port which is impacted by high tides due to the rising sea level, north of Jakarta, in November 2020: tackling challenges for a resilient and sustainable tomorrow is an urgent priority. © Reuters
Alfonso Garcia Mora is IFC vice president for Asia and Pacific.
Investors have always known their business decisions have a social and environmental impact, but there was not enough evidence to measure it. It was more like a fringe benefit.