Blended finance and the SDGs: Using the spectrum of capital to de-risk business model transformation

Vanina Farber, Patrick Reichert

Producción científica: Capítulo del libro/informe/acta de congresoCapítulo de librorevisión exhaustiva

1 Cita (Scopus)

Resumen

The longstanding debate of whether environmental, social and governance (ESG) issues impact financial performance appears to have given way to identifying the best way for firms to achieve long-term sustainability. In this essay, we suggest that overlaying ESG issues with the United Nations’ Sustainable Development Goals (SDGs) provides an avenue for firms to transition to sustainable business models. To this end, the pursuit of sustainable opportunities via blended finance, mechanisms whereby the private sector, nonprofits and public actors work together in an effort to tackle the most pressing global challenges, could help to de-risk private sector involvement in sustainable development. We argue that de-risking occurs through three mechanisms: (1) identification of material ESG issues for firms, (2) the use of subsidy via blended finance instruments, and (3) trust brokering from civil society and public sector actors. Through two illustrative case studies, we identify the challenges and opportunities of blended finance to serve as a tool to meet Agenda 2030.

Idioma originalInglés
Título de la publicación alojadaMeasuring sustainability and CSR
Subtítulo de la publicación alojadaFrom reporting to decision-making
EditoresSlobodan Kacanski, Johannes Kabderian Dreyer, Kristian J. Sund
EditorialSpringer Science and Business Media B.V.
Páginas37-48
Número de páginas12
ISBN (versión digital)978-3-031-26959-2
ISBN (versión impresa)978-3-031-26958-5, 978-3-031-26961-5
DOI
EstadoPublicada - 2023
Publicado de forma externa

Serie de la publicación

NombreEthical Economy
Volumen64
ISSN (versión impresa)2211-2707
ISSN (versión digital)2211-2723

Nota bibliográfica

Publisher Copyright:
© 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Palabras clave

  • Financiación combinada
  • Objetivos de Desarrollo Sostenible

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