Roadmap for a Sustainable Financial System

Performance Framework: Effectiveness

Effectiveness concerns the degree to which markets price sustainability factors are into asset values. This is core to assessing the existence of market failures, although there remains a need to distinguish market failures and policy weaknesses associated with the real economy (e.g. lack of carbon pricing) and market failures and policy weaknesses in the financial economy, such as not considering the potential market impacts of future carbon pricing.

Inquiry Publications

  • Roadmap for a Sustainable Financial System

    Date: 20-Apr-2017

    CALL FOR CONSULTATION UN Environment and the World Bank Group view the over-arching objective of a sound financial system as being to provide finance that meets the long-term needs of an inclusive, environmentally sustainable economy. While there is no single blueprint or unique pathway for creating such a “sustainable financial system”, it is possible to describe

  • Reforming Electronic Markets and Trading

    Date: 22-Dec-2015

    Electronic markets and high-frequency trading (HFT) now comprise over half of all securities trading on both public “lit” exchanges and “unlit” dark pools and electronic platforms.This paper documents the proceedings of an expert seminar, chaired by Hazel Henderson. It includes contributions from: Hazel Henderson, Ethical Markets Media; John Ramsay, IEX; Dave Lauer, KOR Trading; Robert Zevin, Zevin

  • The Financial System We Need: From Momentum to Transformation

    Date: 29-Sep-2016

    Download the policy summary: [AR] [CH] [EN] [ES] [FR] [PT] [RU] Download the individual chapters: Chapter 1: Mapping the momentum | Chapter 2: Harnessing financial technology for sustainable development | Chapter 3: Measuring performance | Chapter 4: Steps towards transformation Our follow-up annual report reveals a doubling in policy actions over the past five years to align the global financial system with sustainable

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