MUMBAI: United Nations-Global Compact Network of India (UN GCNI), the nodal authority in India which endeavors to achieve Sustainable Development Goals laid by UN in the country, in association with International Institute of Corporate Sustainability and Responsibility (IICSR) is organizing Global Summit on Sustainable Tourism & Impact Investment, 2018 on 2nd and 3rd August 2018 at The Ashoka Hotel, Chanakyapuri, New Delhi.
The fourm marks the unveiling of the Sustainable Development Framework (SDF) for the tourism industry in India and will explore the avenues to incentivize the adherents, driving investments in the sphere of sustainable tourism. The initiative being first of its kind in India is endorsed by Ministry of Tourism, Government of India.
Alignment of the developed Sustainable Development Framework (SDF) with the 17 Sustainable Development Goals (SDGs) laid by UN and introducing financial incentives of SDGs in India will be deliberated in the summit by policymakers and global investors. This summit is of great consequence as for the first time in the Indian subcontinent, an industry will be acquainted to SDG incentives to promote sustainable practices after CSR ‘comply or explain’ was introduced.
The event will be inaugurated by and the framework will be launched by K. J Alphons, Tourism Minister – Government of India. The inaugural session will mark an ACCORD of sustainable development by the presence of banks, investors, hoteliers, activists, travel companies, and others.
Besides achieving its primary motive to validate the companies that follow sustainable growth practices, this event is expected to realize a broader vision of sensitizing the market of the significance of SDGs and implementation of sustainable growth practices without major cost implication and increasing profits.