Staying the Distance by Catherine Baker: I do enjoy a good 'what does sport tell us about business' tome. Time for action? The role of sustainable investing in bridging the SDG financing gap One of the key challenges has been the unequal distribution of capital investment in public services and infrastructure, with most investment occurring in high-income countries but with the greatest needs being in lower-income countries.Īn important new report from the First Sentier MUFG Sustainable Investment Institute, supported by Chronos Sustainability, analyses the causes of this uneven distribution of capital and offers a series of practical recommendations to (a) investors (specifically that they should make supporting the SDGs an explicit objective for their responsible investment efforts, and that they should carry this objective through their investment research and decision-making, their active ownership, and their public policy engagement), and (b) policymakers (specifically that they need to be much more explicit in their support for the SDGs, and that they need to carry this through into economic policy and into financial system policy and regulation).Įlena Zharikova, Arisa Kishigami, Kate Turner, Yuichi Nakao, Sudip Hazra While there has been progress, no group of countries is on track to meet all 17 SDGs, with Sub-Saharan Africa, Oceania and Small Island Developing States experiencing the most challenges, and with the least progress being seen in lower-income and lower-middle income countries. Worryingly, in the wake of the Covid-19 pandemic, and in the face of increasing geopolitical tensions and concerns about global economic growth, the 2022 Sustainable Development Report showed that, for the second year in a row, there was no positive progress towards SDGs, and that progress on some goals such as SDG1 (No Poverty) and SDG8 (Decent Work & Economic Growth) was actually reversed. The Sustainable Development Goals (the SDGs) were adopted by the UN in 2015 in order to facilitate action on global developmental challenges (including but not limited to climate change). The Boy in the Headlights by Samuel Bjork. Vladimir by Julia May Jonas: This started off so well as a tale of obsession/infatuation but fell apart half way through and descended into silliness. The Dark Flood by Deon Meyer: As I am sure I said when I last read a Deon Meyer book: if you like police procedurals the Benny Griessel series is in the premier league. Even if you don't agree with the book's premise and conclusions (and, in places, it is a bit of a rant against change (sorry Brett)), it is very important in helping us to understand how large companies shape public policy and on public attitudes on sustainability issues. Cloudmoney describes how banks and tech companies have lobbied aggressively for physical cash to be replaced by digital money, and discusses the implications for privacy (bad), for access to financial services (exacerbates inequality), for individual independence (really not good) and for society as a whole (not necessarily positive). Strongly recommend Cloudmoney by Brett Scott (not just because I am sensitive to being called a luddite for continuing to use cash).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |