These resources complied by the OECD discuss the policy response to the COVID-19 pandemic in terms of labour and employment.
These resources complied by the OECD discuss the response to the COVID-19 pandemic in terms of business and economic factors.
This paper is a first attempt to improve the understanding of the sustainable finance ecosystem, its partnerships, actors and emerging network characteristics related to the implementation of the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs).
This study by the World Bank discusses the International Transfer Readiness (ITR) module as starting point for identifying gaps and capacity building needs to develop the necessary institutional framework and infrastructure for climate markets under the Paris Agreement, and key messages from ITR results.
Chinese asset managers have made progress in expanding their ESG research capabilities, and onshore Chinese companies have increasingly been included in global benchmarks.
The report describes the two main driving forces for the development of responsible investment and ESG integration in China: top down policy pushing for green growth, and globalisation, which opens China up to scrutiny from international investors. Additionally, a third pressure is proposed: that ESG can be a source of alpha and better returns.
The 2019 Economic and Social Survey of Asia and the Pacific by UNESCAP: Ambitions beyond growth reveals that achieving the Sustainable Development Goals by 2030 requires an additional annual investment of $1.5 trillion for Asia-Pacific developing countries—equivalent to 5 percent of their combined GDP in 2018. While this seems unfathomable, it means we need a concerted effort driven by an assessment of fiscal space and leveraging the private sector. I want to emphasize this point: the journey towards sustainable development is affordable, if countries work together.
In fact, raising financing for infrastructure should not be complicated. I encourage you to ask yourself four questions and I offer some of my reflections:
