In some countries like South Africa for example, a special effort has been made to build up the level of foreign exchange reserves – to some $ billion at present, from $ billion a decade ago – since adequate reserves contribute to investor confidence and moderation in exchange rate volatility.
b) environmental reporting and management guidelines: many initiatives regarding environmental information and reporting requirements have been widely supported by this sector including the UNEP Financial Initiative, the Global Reporting Initiative (GRI) and more recently, the environmental management and reporting guidelines by the “Forge Group” in the UK.