The Financial System We Need: From Momentum to Transformation

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

  • 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

Copyright © United Nations Environment Programme. All Rights Reserved.