Fostering sustainable global growth through green finance: what role for the G20?

Kathrin Berensmann / Ulrich Volz / Céline Bak / Amar Bhattacharya / Tian Huifang / Gerd Leipold / Lawrence MacDonald / Hannah Schindler / Isabella Alloisio / Qingqing Yang
External Publications (2017)

published on G20 Insights

Volltext/Document

For a 2°C compatible pathway, the G20 countries face an enormous investment gap. However, public spending will not suffice to finance the green transformation. In fact, a significant amount of private investment is required. It is therefore important to align the financial system – banking, capital markets and insurance – with sustainable development. To increase green investments and align financial markets with sustainable development, the G20 should 1) promote the standardization of green finance practices, 2) enhance the transparency of information by promoting disclosure standards for carbon and environmental risks; 3) support market development for green investments at a global level; and 4) support developing countries in developing and implementing national sustainable finance roadmaps.

About the authors

Berensmann

Volz, Ulrich

Economist

Volz

Further experts

Bauer, Steffen

Political scientist 

Baumann, Max-Otto

Political Science 

Baye, Richmond

Economy 

Brandi, Clara

Economy and Political Science 

Brehm, Johannes

Economy 

Droste, Leonie Marie

Political Science 

Gronen, Maria Elisabeth

Social Science 

Götze, Jacqueline

Political Scientist 

Hackenesch, Christine

Political Science 

Hadank-Rauch, Rebecca

Environmental and Development Sciences 

Haug, Sebastian

Political Science 

Hilbrich, Sören

Economy 

Hägele, Ramona

Political Scientist 

Iacobuta, Gabriela

Environmental Researcher 

Janus, Heiner

Political Science 

Keijzer, Niels

Social Science 

Kloke-Lesch, Adolf

Urban and regional planning 

Koch, Svea

Social Science 

Laudage, Sabine

Economy 

Mathis, Okka Lou

Political Scientist 

Mehl, Regine

Political Science 

Morare, Ditebogo Modiegi

Political Science 

Nowack, Daniel

Political Scientist 

Olekseyuk, Zoryana

Economist 

Scholz, Imme

Sociologist 

Schulz, Sabrina

Political Science 

Schwachula, Anna

Sociology 

Srigiri, Srinivasa Reddy

Agricultural Economist 

Stewart, Benjamin

Social Science 

Vogel, Johanna

International Cultural Economy 

Wehrmann, Dorothea

Sociology 

Weinlich, Silke

Political Science 

Wingens, Christopher

Political Scientiest