The aim of this paper is to contribute to an informed dialogue on the most appropriate forms of development finance. In view of the critical debt situation of African countries in the wake of the Covid-19 crisis, and of the longer-term ambition to deliver on the Sustainable Development Goals and the Paris Agreement, this discussion is more vital than ever.
The Asian Infrastructure Investment Bank (AIIB) is a multilateral bank for infrastructure financing and plans to become the leading global institution for financing infrastructure projects. The study from autumn 2020 analyses why binding rules on transparency at the AIIB, especially with regard to its environmental and social standards, are very important.
Read also the related article, showingwhy the bank must intensify its efforts to inform the public in a timely manner about the environmental and social risks of its projects.
The new consensus in international development circles focuses on private finance as the solution to pressing sustainability Securitization is at the core of international efforts to encourage private finance to invest in SDGs and other sustainability-related activities. This paper maps potential strategies that would guide the agenda of securitisation for sustainability.
The rapid development of Indonesia’s palm oil industry, particularly over the last four decades, which to some extent has been ‘development at all costs’, has generated significant revenues but has caused simultaneously massive environmental degradation. Human rights violations in palm oil plantations are also widely documented.
Infrastructure development acts as a gateway to natural resources and markets, powers industry, and provides key services to citizens around the world. However, the OECD’s infrastructure investment advice to the G20 is “out of sync” with recent achievements of the global community, such as the new UN Sustainable Development Goals (SDGs).