The financing for sustainable development agenda promises to bring together more actors than ever before – from businesses, governments, philanthropists, and remitting households – to address the world’s most pressing problems and achieve the Sustainable Development Goals. Yet, in spite of this ...

The Global Outlook on Financing for Sustainable Development 2021 calls for collective action to address both the short-term collapse in resources of developing countries as well as long-term strategies to build back better following the outbreak of the COVID-19 pandemic.

This book is among the first to address the issue of assessing the efficiency of sustainable development financing from a theoretical and methodical point of view. The innovative nature of research is expressed through the study of new phenomena in finance including sustainable financial systems, sustainable finance, ESG risk and individual and institutional motivations of financial managers in the sustainability concept. The book aims to draw attention to the significant gap in the existing research.The concept of Sustainable Development, if placed in an economic category, requires a lot of attention, but seeing the cognitive category from the perspective of the discipline of finance, the latter is unsatisfactory, with questions remaining unanswered. At the same time, the rank problem, its strategic dimension and the amount of financial resources allocated and disbursed for the purposes of focusing around sustainable development, identification of financial phenomena accompanying this category is seen as a priority. Most measures financing Sustainable Development and measures of public spending efficiency are measures subject to rigor and rules due to their specificity, which means actions aimed at increasing efficiency are treated as a priority. This book will be of interest to leading representatives of academia, practitioners, executives, officials, and graduate students in economics, finance, management, statistics, law and political sciences.

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.

The OECD Secretary-General's annual report to ministers covers the OECD’s 2018 activities and some 2019 highlights. It describes the OECD’s work on economics, employment, education, the environment, and many other fields in the context of a rapidly changing world. It includes the activities of the Secretary-General and his office, as well as those of OECD directorates, agencies, special entities and advisory committees.

This report assesses progress in implementing the commitments and actions in the Addis Ababa Action Agenda. The global economic recession and financial turmoil from COVID-19 (coronavirus) are derailing implementation of the Agenda and achievement of the Sustainable Development Goals (SDGs). Even before the pandemic, the 2020 Financing for Sustainable Development Report (FSDR) of the Inter-agency Task Force noted that there was backsliding in many areas. Due to the crisis, global financial markets have witnessed heavy losses and intense volatility. Particularly worrisome is the prospect of a new debt crisis. The FSDR highlights both immediate and longer-term actions, including arresting the backslide, to respond to the COVID-19 crisis. Recommendations are included in the report.

This report provides guidance on how governments can support their sovereign wealth funds in becoming climate-aligned commercial investors. The establishment of synergies between sovereign wealth funds and strategic investment funds can help scale up investments in clean-energy infrastructure.

The COVID-19 pandemic has uncovered major weaknesses in our global system. It has shown beyond doubt how the prevalence of poverty, weak health systems, lack of cducation, and above all sub-optimal global coopcration is aggravating the crisis. Be- sides its immcdiatc impact on hcalth, the socio-cconomic conscqucnces of the pan-demic are likcly to be felt by cconomic actors all over the world, and the populations of developing countries and economies in transition are expected to be among those most vulnerable to suffer from COVID-19-related challenges. The economic impact of COVID-19 pandemic has also left its mark on Sustainable Development financing. Financing Sustainable Developmment is critical for the future of the countries of the Global South. These countries are dependent on a single source of financing i.e. the ODAs from thec developed Global North. It is estimated that the financing gap betwecn the pre and post pandemic times could increase by a whopping 70 pcrccnt, owing to the fall in ODAs as a result of poor growth outlook in the devcoped countrics. 'The retreat from globalisation and the devastating impact of the pandemic on global economic growth needs to be dealt with an alternate strategy for financing Sustainable Development. The post-pandemic development finance needs to tap into muliple sources of financing that might include the public domestic resources, private sector linance, ODA from other governmens and philanthropies, remittances and South-South lows. This book is an outcome of the first of its kind e-conference in the middle of the Covid-19 pandemic, tackling the qucstions of cconomic growth recovery in the Global South and financing sustainable dcvclopment among the poor and vulncrable commu-nities of the Global South. Prof.(Dr.) Hebatallah Adam is Associate Professor, Assistant Dean for Acadcmic Affairs of Jindal School of International Affairs ISIA) and Executive director of Jindal Centre for the Global South O.P.Jindal Global University, Haryana - India. She is affiliated as well to the Department of Economics, Faculty of Business, Ain Shams University Cairo-Egypt where she has acquired more than 17 years of research and academic leaching experience.