The Financial System We Need
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The Financial System We Need

Aligning the Financial System with Sustainable Development

The Financial System We Need argues that there is now a historic opportunity to shape a financial system that can more effectively finance the development of an inclusive, green economy. This opportunity is based on a growing trend in policy innovation from central banks, financial regulators and standard setters, who are incorporating sustainability factors into the rules that govern the financial system. The report draws together practical examples of policy changes in banking, capital markets, insurance and institutional investment, drawing on detailed work in countries such as Bangladesh, Brazil, China, Colombia, France, India, Indonesia, Kenya, South Africa, the UK and the USA. It offers a Framework for Action that shows how a systematic approach can now be taken at both the national and international levels. - See more at: http://unepinquiry.org/publication/inquiry-global-report-the-financial-system-we-need/#sthash.H7k5isab.dpuf

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English
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Author(s):
UNEP

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Recognition is growing of the pressing challenge of financing sustainable development, and the opportunity it offers for channeling financial capital to productive, profitable and more broadly beneficial uses. Making this happen needs financial and capital markets to be aligned to sustainable development outcomes, the topic taken on by the United Nations Environment Programme’s Inquiry into the Design of a Sustainable Financial System.