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- D'Orazio, Paola, et al.
(author)
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Catalyzing the transformation to sustainable finance
- 2023
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In: One Earth. - : Elsevier. - 2590-3330 .- 2590-3322. ; 6:10, s. 1271-1276
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Journal article (other academic/artistic)abstract
- The modern financial system has enabled a globalized economy by leveraging investments for production, consumption, and the trade of goods and services. However, this system has also engendered a series of wicked problems and externalities, including but not limited to climate change, environmental pollution, biodiversity loss, and inequalities that significantly challenge the well-being of nature and people. The system is also currently inadequate with regards to financing sustainable development, as recognized by the 2015 Addis Ababa Action Agenda. This Voices asks: what must be done to transform today's financial system for a sustainable future?
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