Why ESG is Failing Sustainable Development

Why ESG is Failing Sustainable Development

"In today’s global economy, markets are the principal means to allocate capital. Financial markets are both the reservoirs and canals of financial systems. Capital flows into stock exchanges which then funds businesses. Finance flows through global bond markets.  
Therefore, markets are also the principal means for finance to support sustainable economic activity and delivery of the Sustainable Development Goals (SDGs)"
writes Marcos Neto, Director, UNDP Finance Sector Hub. Click here to read the full blog.

Watch Marcos Neto discuss, "Can ESG be Harnessed to Maximize Impact" with Tariq Fancy, Founder and CEO, The Rumie Initiative at Devex here

Source
UNDP Finance Sector Hub