Scratch beneath the surface, and so-called green investments often reveal to be contributing to environmentally harmful activities. With voluntary pledges shown wanting, governments and regulators must urgently mandate for better transparency and accountability in sustainable investing
Global
The promise of trillion-dollar sustainable finance initiatives rests on a triple fallacy: that we can make sense of them, that they are a measure of money that is available to finance or support climate-related causes, and that someone has structured and organized control over these amounts. It’s time to accept their extremely limited utility and move on
Sub-Saharan Africa
Africa’s vast natural wealth includes many critical minerals needed for the green economy. Historically, this wealth has not benefited local populations and resource extraction has caused environmental damage. How can Africa’s peoples and environment become the beneficiaries of this natural bounty?
How can MICs, currently driving much of the world’s growth, ensure that their rapid industrialization is sustainable?
Despite their limited means, many of the world’s poorest countries are leading the way in cutting emissions and taking bold action on adaptation. The rest of the world must step up support for LDCs – and follow their example
There is a growing chorus calling for delays to net-zero initiatives, blaming climate action for the current cost of living crisis. In reality, green investment can offer a path out of the economic troubles that have been building since the start of the century
The EU’s unilateral approach to curb deforestation through restrictions on imports sends a powerful message, but will it deliver? Here, the authors argue that successful global action on deforestation calls for a carefully balanced system of tariffs and subsidies from a wider coalition of countries
Just one-third of adults worldwide are classified as financially literate. Improving our knowledge and understanding of finance and money is a core mission of the Liechtenstein Bankers Association, and critical to creating a more sustainable, equitable world that leaves no one behind
Global
At this mid-point to the 2030 deadline, it’s clear that action must ramp up massively if the SDGs are to be realized and climate catastrophe averted. Initiatives such as the UN SDSN Global Climate Hub can help get governments back on track
Global
Humanity should survive the decades to come, but will it thrive? A lot depends on how many costs our leaders are willing to pay up front, and how many they will wait to have inflicted upon them
