Increasing the Alignment of Global Finance with Nature
The global economy must
deliver nature-positive, equitable
outcomes if we are to tackle
the existential challenges of
nature loss and climate change.
As nature is not material in most
financial decision-making, there
is significant misalignment of
public and private financial flows
with nature-positive outcomes.
Understanding the current
degree of alignment of global
finance, and identifying actions
needed to increase it is vital.
AGRICULTURAL VALUE CHAINS AND TRANSFORMATION IN SOUTHERN AFRICA: OPPORTUNITIES STEMMING FROM THE AFRICAN CONTINENTAL FREE TRADE AREA
Agriculture is the backbone of the African economy, and a major source of income in African countries (African Development Bank (AfDB), 2016). Fifty-five per cent of jobs in Africa are in the agricultural sector, which generates more than 70 per cent of the income of those living in poverty. However, outdated agricultural practices, the agricultural sector’s vulnerability to climate change and variability, and the continent’s high levels of subsistence farming continue to undermine agricultural productivity. Boosting productivity, which could help address many of the continent’s socioeconomic challenges, including unemployment, entrenched poverty and food insecurity, was therefore identified as a priority area in Agenda 2063: The Africa We Want, of the African Union.
Financing for Development in the era of COVID-19 and beyond: Priorities of Latin America and the Caribbean in relation to the financing for development global policy agenda
The effects of the pandemic and the policies implemented in response have increased the liquidity needs of the countries of the region to confront the emergency phase. Within the current context of the pandemic, a financing for development agenda faces two interrelated challenges: short run and medium and long run challenges.
This report proposes a set of policy actions to address both challenges and then focuses on potential initiatives to build forward better.
The rise of green bonds: Financing for Development in Latin America and the Caribbean
In this report, the voluntary criteria currently being used to define which bonds qualify as green are discussed. The growing global green bond market is further examined, as well as the Latin American and Caribbean green bond market, looking more closely at the region’s recent green bond issuances in local and international markets.
Financing for Climate Change in Latin America and the Caribbean in 2014
This document reflects the financial context in which Latin American and Caribbean countries are acting and responding to international requirements. The data show that resources are available and that countries are using them. Progress is needed in analysing their effectiveness and the transition to a form of development where sustainability is no longer seen as an appendix or pilot but as a model.