Fintech and Sustainable Development – Assessing the Implications

Performance Framework: Efficiency

Efficiency concerns the costs of running the financial system. It includes both transaction-specific efficiency (e.g. the overall spread between the cost of borrowing and returns to savers, costs of intermediation as well as rent-taking) and comprehensive financial system costs (including subsidies, and impacts of financialisation on economic growth).

Inquiry Publications

  • 3rd Update Report: Pathways to Scale

    Date: 07-Jan-2015

    This is the 3rd Update Report of the UNEP Inquiry, it is focused on the challenge of financing the low-carbon transition. It explores how innovative ideas and practices can be made more effective, adopted more widely, and taken to scale—and as a result move the trillions that are required. Scaling-up proven but limited innovations, is a common

  • Stock Exchanges and Sustainability

    Date: 23-Dec-2015

    Stock exchanges have historically played an important role in economic growth and development through enabling effective capital allocation. However, exchanges and markets more broadly have changed over time, in structure, inter-connectedness and rate of activity. This has happened against a backdrop of growing recognition of the unsustainability of the current economic growth path in both

  • 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

  • Imagining a Sustainable Financial System

    Date: 07-Dec-2014

    Imagining a sustainable financial system allows us to move beyond conventional wisdoms. This paper sets out that a sustainable financial system would be one that serves the long term needs of a healthy real economy, an economy that provides decent, productive and rewarding livelihoods for all, and ensures that the natural environment on which we all

  • Greening the Financial System: Enhancing Competitiveness Through Economic Development

    Date: 16-May-2017

    This briefing summarises the discussions held during a roundtable for market and policy leaders in Washington, D.C. on 20 April 2017. The goal of the event was to explore pathways to scale and speed up green finance and to harness its benefits for long-term sustainable growth and competitiveness. The key messages are: Green finance made

  • A Role for Finance Ministries

    Date: 20-Oct-2015

    This paper investigates various roles that finance ministries can assume to promote those policies, regulations and standards which help to create a sustainable financial system. Finance ministries typically interact with the financial sector in many ways, from regulator and supervisory mandate setters to tax authority and sovereign debt issuers. All of these points of leverage

  • Green Foreign Direct Investment in Developing Countries

    Date: 23-Oct-2017

    This paper focuses on the actual and potential role of foreign direct investment (FDI) in achieving the transition to a low-carbon, just and sustainable world and, more specifically, FDI flows into developing countries. The particular implications of FDI on the environment – both potentially positive and negative – have given rise to an interest in

  • Aligning the Financial System with Sustainable Development in the United States of America

    Date: 01-Feb-2016

    The US financial system is undoubtedly among the largest, most innovative and most sophisticated in the world. It is also clear that this is both a benefit and an impediment to non-governmental investment in sustainability and inclusiveness. To date, the actual investment in infrastructure and sustainability does not meet current needs, especially those related to maintaining

  • Towards a Performance Framework for a Sustainable Financial System

    Date: 29-Nov-2016

    This paper is intended to serve as a window on the Inquiry’s analytical approach, providing a deeper understanding of the unifying criteria for evaluation of multiple market designs for financial systems in a variety of economic, political and social settings. It is also intended to provide a foundation for investors and corporate management and policymakers,

  • Collaborative Initiative for Green Finance in Singapore

    Date: 12-Nov-2017

    This Report aims to mainstream and socialise the idea and opportunities associated with Green Finance, as well as to explore how Singapore as a financial hub can offer Green Finance as additional expertise to better serve the needs of the ASEAN and Asia region. Besides the members of the financial community, the Report hopes to

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