Post by hasan77 on Feb 15, 2024 8:13:54 GMT 3
More private capital needed to finance U.N. Sustainable Development Goals A new report from the credit ratings behemoth S&P warns that investors must back more sustainable projects in developing economies. By Michael Holder October 24, 2018 image Shutterstock Monster Ztudio Close Authorship Private capital must play a far greater role in green projects throughout the developing world if governments are to deliver on the U.N.'s Sustainable Development Goals (SDGs), S&P Global Ratings has warned.
A report by the influential credit ratings giant, "It's Time For A Change," argues significant levels of private capital is available to invest in sustainable Canada Email List infrastructure around the world. But it warns the sustainable finance sector is being held back by investors' unwillingness to embrace some risks associated with projects in developing economies without the promise of higher levels of returns.
The company warns this reticence can relatively costly to fund. The United Nations estimated that meeting the 17 SDGs will require global investments of between $5 trillion to $7 trillion each year up to 2030. The U.N. estimated that meeting the 17 SDGs will require global investments of between $5 trillion to $7 trillion each year up to 2030. But while private capital waiting to be deployed into infrastructure investments is at a record high, investors are less interested in projects in low-income countries, which should be the key area of focus for meeting the bulk of the SDGs, the research suggests.
A report by the influential credit ratings giant, "It's Time For A Change," argues significant levels of private capital is available to invest in sustainable Canada Email List infrastructure around the world. But it warns the sustainable finance sector is being held back by investors' unwillingness to embrace some risks associated with projects in developing economies without the promise of higher levels of returns.
The company warns this reticence can relatively costly to fund. The United Nations estimated that meeting the 17 SDGs will require global investments of between $5 trillion to $7 trillion each year up to 2030. The U.N. estimated that meeting the 17 SDGs will require global investments of between $5 trillion to $7 trillion each year up to 2030. But while private capital waiting to be deployed into infrastructure investments is at a record high, investors are less interested in projects in low-income countries, which should be the key area of focus for meeting the bulk of the SDGs, the research suggests.