2015 Could Be Year For Sustainable Development & Investment
by The Daily Eye Team January 29 2015, 2:52 pm Estimated Reading Time: 0 mins, 33 secsA new report published by the United Nations Environmental Programme, the third progress report from their Inquiry into the Design of a Sustainable Financial System, highlights several potential and critical innovations which could help close the widening sustainable development investment gap. The report, Pathways to Scale, draws on work across 12 countries and a range of critical sectors, finding that a key problem affecting the future of a sustainable financial system is that, currently, financial markets do not effectively or even accurately price environmental resources, resulting in the falling values of natural stocks such as clean air, productive soils, and abundant water in 116 out of 140 countries worldwide.