The financial sector plays a pivotal role in the achievement of the Sustainable Development Goals (SDGs). Introduced by the United Nations in 2015, the SDGs represent a blueprint for achieving a better and more sustainable future for all by addressing critical global challenges, including poverty, inequality, climate change, and environmental degradation. But the accomplishment of these goals requires substantial resources. The United Nations Conference on Trade and Development (UNCTAD) estimates that achieving the SDGs could require investments of $5-7 trillion per year. As such, the financial industry's role is indispensable.

One of the main ways in which finance connects to the SDGs is through the provision of the necessary funding to achieve these goals. This can take several forms, including direct funding from banks and financial institutions, impact investment, which aims at generating social and environmental impact alongside a financial return, and innovative financial mechanisms such as green or sustainable bonds.

Moreover, SDG 17 explicitly recognises the role of finance, calling for strengthening the means of implementation and revitalising the global partnership for sustainable development. It seeks to mobilise additional financial resources for developing countries from multiple sources and promote a universal, rules-based, open, non-discriminatory, and equitable multilateral trading system under the World Trade Organization.

Furthermore, financial institutions can adopt sustainable practices in their operations, contributing to several SDGs. For example, by offering financial services to unbanked or underbanked populations, financial institutions can contribute to SDG 1 (No Poverty) and SDG 10 (Reduced Inequalities). Similarly, by adopting sustainable investment criteria, financial institutions can foster sustainable industries, thereby contributing to SDG 9 (Industry, Innovation, and Infrastructure) and SDG 12 (Responsible Consumption and Production).

Finally, finance plays a role in managing the economic risks associated with sustainability challenges. For instance, by taking into account environmental, social, and governance (ESG) criteria in their risk assessments, financial institutions can help mitigate the financial risks associated with climate change and other environmental and social threats.

However, integrating sustainable development into the financial sector also entails challenges. These include the need for a better understanding of the financial risks and opportunities associated with sustainable development, the need for enhanced disclosure and transparency around sustainable finance activities, and the need for more consistent and standardised sustainable finance taxonomies and metrics.

Slow-onset events (SOE) such as sea level rise, desertification, salinisation, ocean acidification, loss of biodiversity and forests or glacial retreat fall under loss and damage (L&D) from climate change impacts under the United Nations Framework Convention on Climate Change and are increasingly threatening the environment and people's livelihoods. Irreversible SOE are closely linked to non-economic losses (NEL) such as health, human mobility or loss of ecosystem services. Neither L&D from SOE nor NELs have a dedicated funding stream.
Elsevier, Current Opinion in Environmental Sustainability, Volume 50, June 2021
Based on a systematic review of journal articles, books and book chapters, and policy papers, we evaluate possible sources of finance for addressing loss and damage from slow onset climate events in developing countries. We find that most publications explore insurance schemes which are not appropriate for most slow onset events. From this, we determine that only a few sources are sustainable. Levies and taxes are seen as relatively fair, predictable, adequate, transparent, and additional.
Effective management of slow-onset impacts such as coastal erosion, desertification and sea level rise and their often-transformative impacts on communities and countries has remained relatively unexplored in terms of policy and finance responses. Drawing on relevant global experience, this paper investigates recent approaches to planned relocation as one possible response to climate change impacts and considers principles to inform the design of a fair and effective funding system.
Elsevier, Current Opinion in Environmental Sustainability, Volume 50, June 2021
The processes of salinisation and alkalinisation of soil that caused the formation of different types of saline (halomorphic) soils are characteristic of the northern part of Serbia — the area of Vojvodina. These soils are characterized by poor physical and chemical properties due to a high content of salt and/or adsorbed Na+ ions because of which are being used to a limited extent in agricultural production, and more as pastures.
Elsevier, One Earth, Volume 4, 21 May 2021
Globally, financial services are well positioned to contribute to the transformation needed for sustainable futures and will be critical for supporting corporate activities that regenerate and promote biosphere resilience as a key strategy to confront the new risk landscape of the Anthropocene. While current financial risk frameworks focus primarily on financial materiality and risks to the financial sector, failure to account for investment externalities will aggravate climate and other environmental change and set current sustainable finance initiatives off course.

Journal of Integrative Agriculture, Volume 20, April 2021

This paper briefly reviews different debates about approaches for paths out of poverty, considering several views, from the analysis of specific policies to more general or systemic considerations.

Journal of Integrative Agriculture, Volume 20, April 2021

It reviews the international experience to end poverty in all its forms everywhere.
Nexis Newsdesk™ has created graphics on the SDGs and the Global Media Landscape, offering charts & insights into global media coverage of the Sustainable Development Goals. View findings for Global Goal 13.
In this first episode of the “World We Want” podcast series, RELX’s Global Head of Corporate Responsibility, Dr Márcia Balisciano, talks to Georg Kell about leadership.
Using China Health and Nutrition Survey data, this study employs a consistent two-step quadratic almost ideal demand system model, with addressed problems of endogeneity of total expenditure and zero shares, to estimate the food demand elasticities among adults in rural areas with regard to the different income strata.