UNEP FI and a series of partners took the first steps of a project that will evaluate the ability of existing incentives within capital markets to drive sustainability with the launch of a working paper. Tomorrow’s Capital Markets represents the first phase of a long-term effort that aims to scrutinise sustainability the effectiveness of the current incentives structure and correct its most blatant flaws. The paper identifies the complexity of incentives faced by different actors along the investment chain and flags some of the fundamental challenges – from communication gaps to the lack of viable metrics – arising from this intricate web. Tomorrow’s Capital Markets also extends an invitation to all parties interested in developing this agenda to partake in dialogues scheduled throughout 2012-13. The initiative will culminate with a major presentation of findings and proposals in the fall of 2013. More information and full download here.