Leveraging Sustainable Finance to Attain United Nations Sustainable Development Goals (SDGs)

Abstract

This chapter is a deep exploration of the role that sustainable finance can take on as a crucial factor to attain the United Nations SDGs by pointing out how innovation financial instruments and regulatory frameworks play in aligning the goal. This chapter simplifies the explanation on the holistic discussion of how financial strategies would not only ensure long-term growth in the economy but at the same time not have an adverse impact on society and nature. This is further supported by greater interest from investors, businesses, & regulators. It keeps gaining in value as investors seek opportunities not just with financial returns but also with values they hold and contribute to sustainable development. Businesses find out that ESG factors included in their strategies could make them more resilient, better in reputation, and have longer-term profits. It triggers regulatory bodies to react and develop frameworks for transparency, accountability, and consistency with practices in sustainable finance. It is important to know that sustainable finance is more than an ethical choice.