Global Outlook on Financing for Sustainable Development 2023: No Sustainability Without Equity
Successive crises including COVID-19, Russia's war of aggression against Ukraine and the climate emergency are exacerbating inequalities between and within countries and stifling progress to achieve the Sustainable Development Goals (SDGs) and the Paris Agreement. While developed countries depl...
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Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2022
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Online-Zugang: | Volltext |
Zusammenfassung: | Successive crises including COVID-19, Russia's war of aggression against Ukraine and the climate emergency are exacerbating inequalities between and within countries and stifling progress to achieve the Sustainable Development Goals (SDGs) and the Paris Agreement. While developed countries deployed historic stimulus packages to build back better, developing countries lacked fiscal and monetary buffers to respond. Countries with the fewest resources face challenging trade-offs between short-term rescue and long-term financing for a sustainable recovery. The SDG financing gap in developing countries grew due to a drop in available resources called upon in the Addis Ababa Action Agenda coupled with rising financing needs. Official Development Assistance (ODA), or aid, played an important role to help narrow the gap, but could not do so on its own. Global crises open a window of opportunity for SDG alignment of broader resources to narrow the gap. Growing trillions in developed countries aim to reduce risks, including environmental, social, and governance (ESG) criteria. However, resources are not reaching the countries most in need. Urgent action is needed to remove bottlenecks for a more equitable and needs-based allocation of sustainable finance |
Beschreibung: | 1 Online-Ressource (188 Seiten) |
ISBN: | 9789264506800 9789264947979 9789264821576 |
DOI: | 10.1787/fcbe6ce9-en |
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index_date | 2024-07-03T21:23:47Z |
indexdate | 2024-12-19T19:01:58Z |
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spelling | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity Organisation for Economic Co-operation and Development Paris OECD Publishing 2022 1 Online-Ressource (188 Seiten) txt rdacontent c rdamedia cr rdacarrier Successive crises including COVID-19, Russia's war of aggression against Ukraine and the climate emergency are exacerbating inequalities between and within countries and stifling progress to achieve the Sustainable Development Goals (SDGs) and the Paris Agreement. While developed countries deployed historic stimulus packages to build back better, developing countries lacked fiscal and monetary buffers to respond. Countries with the fewest resources face challenging trade-offs between short-term rescue and long-term financing for a sustainable recovery. The SDG financing gap in developing countries grew due to a drop in available resources called upon in the Addis Ababa Action Agenda coupled with rising financing needs. Official Development Assistance (ODA), or aid, played an important role to help narrow the gap, but could not do so on its own. Global crises open a window of opportunity for SDG alignment of broader resources to narrow the gap. Growing trillions in developed countries aim to reduce risks, including environmental, social, and governance (ESG) criteria. However, resources are not reaching the countries most in need. Urgent action is needed to remove bottlenecks for a more equitable and needs-based allocation of sustainable finance Finance and Investment Development OECD (DE-588)5157-3 isb https://doi.org/10.1787/fcbe6ce9-en Verlag kostenfrei Volltext |
spellingShingle | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity Finance and Investment Development |
title | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity |
title_auth | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity |
title_exact_search | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity |
title_exact_search_txtP | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity |
title_full | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity Organisation for Economic Co-operation and Development |
title_fullStr | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity Organisation for Economic Co-operation and Development |
title_full_unstemmed | Global Outlook on Financing for Sustainable Development 2023 No Sustainability Without Equity Organisation for Economic Co-operation and Development |
title_short | Global Outlook on Financing for Sustainable Development 2023 |
title_sort | global outlook on financing for sustainable development 2023 no sustainability without equity |
title_sub | No Sustainability Without Equity |
topic | Finance and Investment Development |
topic_facet | Finance and Investment Development |
url | https://doi.org/10.1787/fcbe6ce9-en |
work_keys_str_mv | AT oecd globaloutlookonfinancingforsustainabledevelopment2023nosustainabilitywithoutequity |