THE ROLE OF SUSTAINABLE FINANCE IN ACHIEVING SUSTAINABLE DEVELOPMENT GOALS: DOES IT WORK?

2020 ◽  
Vol 0 (0) ◽  
pp. 1-26
Author(s):  
Magdalena Ziolo ◽  
Iwona Bak ◽  
Katarzyna Cheba

The World Bank and International Monetary Fund reported that the achievement of the 17 Sustainable Development Goals (SDGs) requires an escalation of development finance. The report Scaling Finance for the Sustainable Development Goals highlighted the urgency of the efforts to realize SDGs in encouraging financial innovation to move quickly. Even if the role of finance in achieving SDGs is unquestionable, few scientific studies have addressed these issues. We tried to fill the existing research gap. In this study, we examined the link between sustainable finance and SDGs based on European Union countries belonging to the OECD. We present a new and the original research approach. We assumed that the sustainable finance model plays a fundamental role in implementing SDGs (all SDGs were analysed except for SDG 6 and SDG14, due to lack of statistics were not analysed) and ensuring that social and environmental sustainability are reflected in SDGs. The results of this study show that the more sustainable the finance model, the better the achievement of SDGs in the group of analysed countries. We found a strong link between sustainable finance model and social sustainability (SDG1, 3, 4, 5, 10, 16); environmental sustainability (SDG11, 12, 13, 15) and economic sustainability (SDG8, 9, 17).

Author(s):  
Н.П. РЕЗНИКОВА ◽  
Г.С. АРТЕМЬЕВА ◽  
Д.В. КАЛЮГА

Представлены основные направления для поиска путей улучшения рейтинга Российской Федерации в международных статистических сопоставлениях в сфере электросвязи/ИКТ с учетом необходимости гармонизации разнообразных направлений деятельности, связанных с оценкой влияния электросвязи/ИКТ на достижение Целей устойчивого развития, а также с появлением Нового индекса Международного союза электросвязи (МСЭ) взамен Индекса развития ИКТ(IDI). OThe main directions for finding ways to improve the rating of the Russian Federation in international statistical comparisons in the field of telecommunications/ICT are presented, taking into account the need to harmonize various activities related to assessing the impact of telecommunications/ICTs on achieving the sustainable development goals, as well as the advent of the new International Telecommunication Union Index instead of the ICT Development Index (IDI).


2020 ◽  
Vol 29 (4) ◽  
pp. 233
Author(s):  
Senko Plicanic

<p>The article analyses the importance of an active role of the state in achieving the Sustainable Development Goals. Its starting point is that despite the fact that today there is a growing recognition in the world that for the implementation of sustainable development an active role of the state and local self-governing communities is indispensable and despite the fact that in Slovenia such a role of the state in implementing sustainable development stems from its Constitution, so far, too little has been done in Slovenia to achieve the Sustainable Development Goals. The purpose of this article is to analyse theoretical arguments and the Constitution in order to show the need for an active role of the state in implementing sustainable development goals, and also to discuss basic steps to be implemented in order to achieve an active role of the state in Slovenia. In this article comparative and analytical methods were used in studying the literature and regulation. The article, based on theoretical arguments and the constitutional analysis, identifies the need for an active role of the state in implementing sustainable development goals, and proposes arguments for it and also basic steps toward an active role of the state. The discussed topic is new and this article contributes to the field some fundamental arguments for the active role of state and for the more comprehensive policy-making. The article offers theoretical and constitutional arguments to be implemented in order to transform the present role of the state from a passive one into an active role and its findings are meant to be used by policy-makers and law-makers as a significant argument to pursue more active role of the state in implementing sustainable development goals.</p>


Author(s):  
Dr. Basanta Kalita

The SDGs agenda is the outcome of a series of international conferences on the issue of environmental sustainability. A principle of common and differentiated responsibility was endorsed by the Rio Declaration on Environment and Development (1992) and the United Nations Conference on Sustainable Development, Rio+20 (2012). The political commitments from the world leaders were confirmed during the 3rd International Conference on Financing for Development held in Addis Ababa in July 2015 for a common policy on sustainable development. The goals are broad based and interdependent. Finally the Paris Declaration on Climate Change (2016) paved the way for the adoption of a comprehensive list of goals to be achieved by 2030. Each of the 17 sustainable development goals has a list of targets which are measured with indicators and are interdependent. The present study will be confined to the 6th goal which is ensuring “Clean water and Sanitation” in the Indian context. KEYWORDS: SDGs agenda, Climate Change, employment, sanitation services


2019 ◽  
Vol 8 (3) ◽  
pp. 194 ◽  
Author(s):  
Sue Claire Berning

The aim of this paper is to investigate the relationship between business and sustainable development, particularly the role of multinational enterprises (MNEs) as possible driving force for achieving sustainability. By following an inductive case study approach and referring to the Sustainable Development Goals (SDGs) of the United Nations, the sustainable undertakings of the Chinese MNE Huawei are explored. Published data on Huawei’s website and online resources like annual reports, news announcements, sustainability and corporate social responsibility reports are used for this purpose. The main findings indicate that Huawei can promote sustainable development internationally on three different levels: (1) products/services, (2) business operations and (3) social contributions. Based on these findings, a systematic framework is derived to help illustrate possible and classify existing MNE’s sustainability activities, as well as the related main stakeholders. This paper is useful for scholars and practitioners alike as it shows the compatibility of success in business with sustainability, as well as the potential of MNEs to contribute to sustainable development.             Keywords: Sustainable Development Goals, business, multinational enterprises, emerging markets


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