Mobilizing Private Finance for Sustainable Development

Mobilizing Private Finance for Sustainable Development
Author: United Nations Development Programme
Publisher: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Total Pages: 19
Release: 2016-11-30
Genre: Business & Economics
ISBN:

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The proactive engagement of the private sector was critical to accelerate the achievement of the Millennium Development Goals (MDGs). Inevitably, private finance will become even more central in the concerted effort to achieve the Sustainable Development Goals (SDGs) due to their ambition. Private investment decisions in both the real economy and in the financial sector should move the world towards the aspirations set out in the 2030 agenda. This means going far beyond philanthropy and voluntary corporate social responsibility, important though they are. It is a matter of steering the investment decisions that private actors make every day. In the context of the Financing for Development debate, this discussion paper reflects on the latest trends and makes recommendations to: 1. Establish an enabling regulatory environment for the private sector to invest in the SDGs; 2. Introduce “Smart” public incentives to fasten the realignment of private finance to the SDGs; and 3. Foster change in company and consumer behaviours to transition to inclusive and sustainable markets.

Private Finance for Development

Private Finance for Development
Author: Hilary Devine
Publisher: International Monetary Fund
Total Pages: 161
Release: 2021-05-14
Genre: Business & Economics
ISBN: 1513571567

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The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.

Mobilization of Private Finance 2018

Mobilization of Private Finance 2018
Author: MDB Task Force on Mobilization
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:

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In 2015, the global community adopted the 2030 sustainable development agenda and the sustainable development goals (SDGs) that underpin it, and countries made commitments at the twenty-first conference of the parties to the United Nations (UN) framework convention on climate change. In July of the same year, the third International Conference on financing for development in Addis Ababa recognized that the financial resources needed to achieve the SDGs far exceeded current financial flows. Those mandates have created a critical role for multilateral development banks (MDBs) and other development finance institutions (DFIs) in helping attract or mobilize private investment to development projects through risk mitigation products, advisory services, and the demonstration effects of their own investments. This report contains results for private investment mobilized by financial products and investments, as well as results of direct transaction advisory services, for 2018.

Sustainable Development Goals

Sustainable Development Goals
Author: Julia Walker
Publisher: John Wiley & Sons
Total Pages: 328
Release: 2019-08-27
Genre: Business & Economics
ISBN: 1119541840

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Achieving the Sustainable Development Goals through Finance, Technology and Law Reform Achieving the SDGs requires a fundamental rethink from businesses and governments across the globe. To make the ambitious goals a reality, trillions of dollars need to be harnessed to mobilise finance and accelerate progress towards the SDGs. Bringing together leaders from the World Bank, the financial and business sectors, the startup community and academia, this important, topically relevant volume explains what the SDGs are, how they came about and how they can be accelerated. Real-world case studies and authoritative insights address how to direct investment of existing financial resources and re-align the global financial system to reflect the SDGs. In depth chapters discuss how financial institutions, such as UBS Wealth Management, Manulife Asset Management and Moody’s Rating Agency are supporting the SDGs. The opportunities arising from Blockchain, Big Data, Digital Identity and cutting-edge FinTech and RegTech applications are explored, whilst the relevance of sustainable and transparent global supply chains is underscored. Significant attention is paid to law reform which can accelerate progress of the SDGs through SME Financing, Crowdfunding, Peer-to-Peer Lending and tax restructuring. To achieve the ‘World We Want’, much needs to be done. The recommendations contained within this book are critical for supporting a fundamental shift in thinking from business and governments around the world, and for building a more just and prosperous future for all.

From Summits to Solutions

From Summits to Solutions
Author: Raj M. Desai
Publisher: Brookings Institution Press
Total Pages: 404
Release: 2018-07-24
Genre: Business & Economics
ISBN: 0815736649

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A positive agenda for achieving the Sustainable Development Goals by 2030 All 193 member nations of the United Nations agreed in September 2015 to adopt a set of seventeen "Sustainable Development Goals," to be achieved by 2030. Each of the goals—in such areas as education and health care —is laudable in and of itself, and governments and organizations are working hard on them. But so far there is no overall, positive agenda of what new things need to be done to ensure the goals are achieved across all nations. In a search of fresh approaches to the longstanding problems targeted by the Sustainable Development Goals, the Japan International Cooperation Agency and the Global Economy and Development program at Brookings mounted a collaborative research effort to advance implementation of Agenda 2030. This edited volume is the product of that effort. The book approaches the UN's goals through three broad lenses. The first considers new approaches to capturing value. Examples include Nigeria's first green bonds, practical methods to expand women's economic opportunities, benchmarking to reflect business contributions to achieving the goals, new incentives for investment in infrastructure, and educational systems that promote cross-sector problem solving. The second lens entails new approaches to targeting places, including oceans, rural areas, fast-growing developing cities, and the interlocking challenge of data systems, including geospatial information generated by satellites. The third lens focuses on updating governance, broadly defined. Issues include how civil society can align with the SDG challenge; how an advanced economy like Canada can approach the goals at home and abroad; what needs to be done to foster new approaches for managing the global commons; and how can multilateral institutions for health and development finance evolve.

OECD Business and Finance Outlook 2020 Sustainable and Resilient Finance

OECD Business and Finance Outlook 2020 Sustainable and Resilient Finance
Author: OECD
Publisher: OECD Publishing
Total Pages: 195
Release: 2020-09-29
Genre:
ISBN: 9264544534

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The OECD Business and Finance Outlook is an annual publication that presents unique data and analysis on the trends, both positive and negative, that are shaping tomorrow’s world of business, finance and investment.

Mobilizing Private Finance for Nature

Mobilizing Private Finance for Nature
Author: Weltbankgruppe
Publisher:
Total Pages:
Release: 2020
Genre:
ISBN:

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This paper argues that governments and regulators, supported by financial institutions and multilateral development banks (MDBs), hold the key to mobilizing private finance at the scale needed to transform the way we build, produce, and consume in order to protect nature while fostering sustainable poverty reduction. The analysis looks at two key approaches to mobilizing private finance for biodiversity. First, it assesses opportunities for 'financing green,' that is, the financing of projects that contribute-or intend to contribute- to the conservation, restoration, and sustainable use of biodiversity and its services to people. Second, it looks at 'greening finance,' that is, directing financial flows away from projects with negative impact on biodiversity and ecosystems to projects that mitigate negative impact, or pursue positive environmental impact as a co-benefit. Despite growing innovation in both categories, significant challenges to scaling up private finance remain. These include policies that exacerbate the underpricing of biodiversity; lack of data, measurement, and reporting standards; and issues with biodiversity investment opportunities, which tend to be small scale and noncommercial-making private sector financing a challenge.

Mobilizing Private Climate Financing in Emerging Market and Developing Economies

Mobilizing Private Climate Financing in Emerging Market and Developing Economies
Author: Mr. Ananthakrishnan Prasad
Publisher: International Monetary Fund
Total Pages: 41
Release: 2022-07-27
Genre: Business & Economics
ISBN:

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Global investment to achieve the Paris Agreement’s temperature and adaptation goals requires immediate actions—first and foremost—on climate policies. Policies should be accompanied by commensurate financing flows to close the large financing gap globally, and in emerging market and developing economies (EMDEs) in particular. This note discusses potential ways to mobilize domestic and foreign private sector capital in climate finance, as a complement to climate-related policies, by mitigating relevant risks and constraints through public-private partnerships involving multilateral, regional, and national development banks. It also overviews the role the IMF can play in the process.

Green Finance and Investment Mapping Channels to Mobilise Institutional Investment in Sustainable Energy

Green Finance and Investment Mapping Channels to Mobilise Institutional Investment in Sustainable Energy
Author: OECD
Publisher: OECD Publishing
Total Pages: 146
Release: 2015-02-09
Genre:
ISBN: 9264224580

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This report develops a framework that classifies investments according to different types of financial instruments and investment funds, and highlights the techniques that intermediaries can use to mobilise institutionally held capital.

The Future of National Development Banks

The Future of National Development Banks
Author: Stephany Griffith-Jones
Publisher:
Total Pages: 388
Release: 2018
Genre: Business & Economics
ISBN: 0198827946

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For a long time the topic of national development banks was limited to a debate between admirers and detractors of these institutions, often inserted into a more general debate of state versus markets. Since the 2007/8 North Atlantic financial crisis however, interest and support for these institutions has broadly increased in both developing and developed countries. Key issues such as understanding how development banks work, what their main aims are, and what their links with the private financial and corporate sector are have come to the forefront, and there is an increased interest in what instruments, incentives, and governance work better in general and in particular contexts. The Future of National Development Banks provides an in-depth study of several key examples of these institutions based in Brazil, Chile, China, Colombia, Germany, Mexico, and Peru. It explores horizontal issues such as their role in innovation and structural change, sustainable infrastructure financing, financial inclusion, and regulatory rules. It provides both research and policy-oriented perspectives on how these banks can make a significant contribution to a countries' development, and analyses their roles within broader economic policy, their governance, and the main instruments they use to perform their function. The Future of National Development Banks has important policy implications for countries that have these institutions and can improve them, and countries that do not have them yet and can learn from best practice.