Sustainability
Back to homepageOtaviano Canuto on Central Banks and Climate Change: Turning Black Swans Into Green
There are three possible motivations for the engagement by central banks with climate change: financial risks, macro-economic impacts, and mitigation/adaptation policies. Regardless of the extent to which individual central banks incorporate the three prongs of motivations, they can no longer
Read MoreOECD: Key Takeaways From the Third OECD Conference on Private Finance to Realise the SDGs
The third annual OECD conference on private finance for sustainable development brought together more than 600 public and private actors to determine the steps ahead. There is an urgency for the private sector to shift more resources to sustainable development.
Read MoreISID, McGill University: Updating the DFIs’ Operating Models to Achieve the UN 2030 SDG Agenda
The UN General Assembly set the Sustainable Development Goals (SDGs) five years ago. The estimated annual amount of investment needed to achieve them is short — by $2.5tn to $3tn. The stakeholders that play a key role in directing and
Read MoreSDG Lab at UN Geneva: Delivering the 2030 Agenda in Decade of Action Will Call for Co-operation and Courage
In 2020, to mark its 75th anniversary, the United Nations have initiated UN75, the largest and most inclusive global conversation on how to build a better future. The initiative intends to map out what works and what doesn’t within the
Read MoreWorld Bank Readies $160 Billion Emergency Aid Package
World Bank President David Malpass has joined IMF Managing Director Kristalina Georgieva in urging bilateral creditors to extend debt relief to poor countries struggling to cope with the corona virus. “Many countries will need debt relief. This is the only
Read MoreBusiness in Times of Corona: The Lure of Rustbelts When Lean Is No Longer Mean
During their short lifetime, shrimp barely migrate. Aided by a snap of their tail and the tidal currents, the crustaceans may cover a distance of perhaps a few thousand meters in a day. However, once caught, shrimp become a migrating
Read MoreBusiness in Times of Corona: The Dangerous Fruit of the Magic Money Tree
In one of life’s little ironies, it was not the senator from Vermont but the billionaire businessman from New York who brought social democracy to the United States. The massive federal aid package now working its way through Congress is
Read MoreBusiness in Times of Corona: Pandemic Puts Eurobonds Back on the Table
The leaders of nine Eurozone countries on Wednesday refloated the previously discarded idea of issuing Eurobonds, a collective debt instrument backed by the combined securities of participating countries, as a way of pooling risk and mitigating the economic impact of
Read MoreBusiness in Times of Corona: Wise Words from Omaha
The life lesson imparted by the Oracle of Omaha does not require much deciphering: Cash is King. Long criticised for hoarding large amounts of readily deployable cash, the third largest publicly listed company in the world, Berkshire Hathaway, stands to
Read MoreEvan Harvey, Nasdaq: Medium Is the Message – ESG Delivery and Market Distrust
Despite cultural assumptions surrounding content and interpretation, we tend to believe that the way we communicate is meaningful. “In operational and practical fact, the medium is the message” — this sturdy pronouncement from Canadian philosopher and social theorist Marshall McLuhan
Read More