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We begin by identifying the four major obstacles for financing the transition to a sustainable energy world: the immense size of the required financing, the need to coordinate investments in dozens of interrelated projects required for an orderly transition, the need to get the investment...
Persistent link: https://www.econbiz.de/10012825264
The article provides an overview of the most important current EU initiatives contributing to sustainable finance. After an introduction on how the concept of sustainability entered the domain of European policy, the definition of sustainable finance from the EU perspective is discussed, as well...
Persistent link: https://www.econbiz.de/10012154749
This document presents the highlights of the 2019 publication Social Impact Invesment: The Impact Imperative for Sustainable Development which was a sequel to the OECD 2015 report on Social Impact Investment (SII), Building the Evidence Base. The 2019 publication brings new evidence on the role...
Persistent link: https://www.econbiz.de/10013309342
The magnitude and multidimensional nature of climate change demonstrate the need for clear guardrails to ensure sustainable economic development and give Nigeria a chance at its net zero target. Desertification in the north, floods and erosion in the south, and the associated economic...
Persistent link: https://www.econbiz.de/10014354598
Institutions that potentially have a positive impact on economic performance rarely exist outside of a system of institutions; rather they are embedded in the economic order of a country. It is thus imperative to investigate bundles of performance-enhancing institutions, particularly those...
Persistent link: https://www.econbiz.de/10011392841
This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low appropriability of social returns and insufficient public...
Persistent link: https://www.econbiz.de/10011303821
When confronted with market weaknesses and failures determining sustainability problems for environmental common-pool resources, economic analysis has proposed government intervention as the only alternative available. Elinor Ostrom showed that this dichotomy between market and government is not...
Persistent link: https://www.econbiz.de/10010223360
The 2030 Agenda for Sustainable Development is a landmark agreement negotiated and approved by the 193 Member States of the United Nations. Comprised of 17 Sustainable Development Goals (SDGs), 169 targets and 332 indicators, it aims to address the economic, social, environmental and political...
Persistent link: https://www.econbiz.de/10012844872
Revenue reforms can contribute to more inclusive, green, and sustainable growth in China. Relative to OECD economies, fiscal policy in China is less redistributive. Options for promoting more inclusive growth include improving the progressivity of labor taxes (individual income tax and social...
Persistent link: https://www.econbiz.de/10013024427
While initially heralded as the magic bullet for development, NGOs have come under increasing criticism for their failure to deliver development as promised. Despite the plethora of new critiques, little systematic work has theorized how NGOs actually operate within the least developed countries...
Persistent link: https://www.econbiz.de/10012755477