scholarly journals What Do We Mean by Sustainable Finance? Assessing Existing Frameworks and Policy Risks

2021 ◽  
Vol 13 (2) ◽  
pp. 975
Author(s):  
Marco Migliorelli
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Cost Of Capital ◽  
Paris Agreement ◽  
Financial Flows ◽  
The Sustainable Development ◽  
Policy Context ◽  
Sustainable Finance ◽  
Development Goals ◽  
The Cost

I observe that the sustainable finance landscape as it stands today is featured by an overabundance of heterogeneous concepts, definitions, industry and policy standards. I argue that such heterogeneity may hinder the smooth development of the conceptual thinking underpinning sustainable finance and originates specific risks that may harm the credibility of the nascent market. These risks include green and sustainable washing, the rebranding of financial flows without additionality, the disordered adjustment in the cost of capital spreads between industries. I argue that to reflect the actual industry and policy context as wells as to steer conceptual and applied practice sustainable finance should be today referred to as “finance for sustainability”. To this extent, both its definition and implementing standards should make clear reference to the relevant sustainability dimensions (in particular in line with the Sustainable Development Goals and the Paris Agreement) and to the sectors or activities that positively contribute to these dimensions.

scholarly journals The Collective Intelligence based Program to Accelerate Achievement of the Sustainable Development Goals as a Case Study for Collectively Intelligent Program Design

2020 ◽  
Author(s):  
Andy E Williams
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Program Design ◽  
Collective Intelligence ◽  
The Sustainable Development ◽  
Potential Benefits ◽  
Development Goals ◽  
Software Platforms ◽  
The Cost

General Collective Intelligence (GCI) are software platforms that organize groups into a single collective intelligence with general problem solving ability. In doing so a GCI has the potential to give groups vastly more ability to address collective challenges such as the SDGs. A GCI is a significant infrastructure investment. The Collective Intelligence based Program to Accelerate Achievement of the Sustainable Development Goals (CIPAA-SDGs) however is designed to implement a GCI in phases so that the cost to any single project is far outweighed by the potential benefits. The phasing of that GCI development in the CIPAA-SDGs program design is used here as a case study for collectively intelligent program design.

scholarly journals Energy investment needs for fulfilling the Paris Agreement and achieving the Sustainable Development Goals

Nature Energy ◽  
2018 ◽  
Vol 3 (7) ◽  
pp. 589-599 ◽  
Author(s):  
David L. McCollum ◽  
Wenji Zhou ◽  
Christoph Bertram ◽  
Harmen-Sytze de Boer ◽  
Valentina Bosetti ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Paris Agreement ◽  
Energy Investment ◽  
The Sustainable Development ◽  
Development Goals

THE ROLE OF SUSTAINABLE FINANCE IN ACHIEVING SUSTAINABLE DEVELOPMENT GOALS: DOES IT WORK?

2020 ◽  
Vol 0 (0) ◽  
pp. 1-26
Author(s):  
Magdalena Ziolo ◽  
Iwona Bak ◽  
Katarzyna Cheba
Keyword(s):  
Sustainable Development ◽  
Environmental Sustainability ◽  
Sustainable Development Goals ◽  
Original Research ◽  
Research Approach ◽  
The Sustainable Development ◽  
Finance Model ◽  
Sustainable Finance ◽  
Development Goals

The World Bank and International Monetary Fund reported that the achievement of the 17 Sustainable Development Goals (SDGs) requires an escalation of development finance. The report Scaling Finance for the Sustainable Development Goals highlighted the urgency of the efforts to realize SDGs in encouraging financial innovation to move quickly. Even if the role of finance in achieving SDGs is unquestionable, few scientific studies have addressed these issues. We tried to fill the existing research gap. In this study, we examined the link between sustainable finance and SDGs based on European Union countries belonging to the OECD. We present a new and the original research approach. We assumed that the sustainable finance model plays a fundamental role in implementing SDGs (all SDGs were analysed except for SDG 6 and SDG14, due to lack of statistics were not analysed) and ensuring that social and environmental sustainability are reflected in SDGs. The results of this study show that the more sustainable the finance model, the better the achievement of SDGs in the group of analysed countries. We found a strong link between sustainable finance model and social sustainability (SDG1, 3, 4, 5, 10, 16); environmental sustainability (SDG11, 12, 13, 15) and economic sustainability (SDG8, 9, 17).

Addis agenda lays down funding task for multilaterals

2015 ◽  
Keyword(s):  
New York ◽  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Addis Ababa ◽  
Multilateral Development Banks ◽  
Financial Flows ◽  
Content Type ◽  
The Sustainable Development ◽  
Development Goals ◽  
Illicit Financial Flows

Subject Financing the Sustainable Development Goals (SDGs). Significance After a year of intensive negotiations, on July 16 the third UN conference for Financing for Development (FFD) culminated in 193 countries signing the Addis Ababa Action Agenda. The document sets out broad principles on how to mobilise finance in sufficient quantities to achieve the new Sustainable Development Goals (SDGs), which will be agreed in September in New York. The negotiations generated consensus around new norms on tax cooperation and illicit financial flows (IFFs), but also set ambitious expectations for multilateral development banks (MDBs). Impacts Addis begins a key year for development finance, culminating in December's Conference of the Parties (COP21) on climate change in Paris. The goal of COP21 is to draft the first universal climate agreement, which should take effect by 2020 at the latest. However, COP21 must also aim to map out a credible path towards mobilising 100 billion dollars per year in climate finance.

scholarly journals COVID-19 and Social Protection in Asia and the Pacific: Projected Costs for 2020–2030

2021 ◽  
Author(s):  
Michiel Van der Auwera ◽  
Arthur van de Meerendonk ◽  
Anand Ramesh Kumar
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Social Protection ◽  
The Sustainable Development ◽  
Working Paper ◽  
The Pacific ◽  
The Social ◽  
Development Goals ◽  
The Cost ◽  
Large Sections

Against the backdrop of the COVID-19 pandemic, this working paper applies a new costing model to analyze the costs associated with social protection in 30 Asia and Pacific countries. Using the Social Protection Reform Simulation (SPRS20) model, the authors seek to estimate the cost of delivering standardized social protection packages through the emergency (2020), recovery/transition (2021–2023), and the remaining duration for achieving the Sustainable Development Goals (2024–2030). This paper anticipates further demand and need for social protection for considerably large sections of the population. It aims to foster further research and discussion on social protection in Asia and the Pacific and aid countries in strategizing for the future.

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