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G20 - More resilient and inclusive societies: Coordinating public and private sustainable investments

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  News Release from the G20: The G20 Sustainable Finance Working Group organised a two-day workshop with private sector representatives to better coordinate public and private sustainable investments. On 17-18 May 2021, members of the recently established G20 Sustainable Finance Working Group (SFWG) met virtually with distinguished representatives from the private sector to discuss solutions to accelerate the mobilization of public and private capital towards the achievement of the objectives of the Paris Agreements and of the United Nations Sustainable Development Goals (SDGs The current challenging economic juncture gave the G20 the ambition and the political will to make concrete progress in the so-called green agenda. In this context, the Italian G20 Presidency takes the view that mobilizing sustainable finance is essential not only for global growth and stability but also to promote the transitions towards greener, more resilient and inclusive societies and economies. In parti...

Guest Blog: Finance and business: enemies of sustainable development?

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By Jacques Prescott, sustainability consultant and associate professor, Chair in eco-advising, Universitรฉ du Quรฉbec ร  Chicoutimi, Canada. A referenced version of this article is available here: https://www.globalresearch.ca/finance-and-business-enemies-of-sustainable-development/5623325 The economy is seen by sustainable development theorists as a tool, a means to achieve sustainability. Although all UN Member States have adopted in 2015 twenty global sustainable development goals by 2030 "to ensure peace and prosperity for people and the planet",  funding for the actions needed to achieve these goals is slow to materialize. Yet financial resources have never been so abundant in the global economic system. The priorities of the neo-liberal economy centered on the enrichment of a privileged few are in fact contrary to the collective well-being. The main economic actors turn a blind eye to the tragic socio-environmental effects of their practices and act as enemies of ...