Research & Insights
UNDP: From Fragmentation to Integration: Embedding Social Issues in Sustainable Finance
The paper -- "From Fragmentation to Integration: Embedding Social Issues in Sustainable Finance" -- aims to generate momentum within the financial system to tackle inequality and improve a common understanding of the social impacts of a market-based economy. It sheds light on how to catalyze action at the policy and regulatory levels through existing sustainable finance initiatives.
The Predistribution Initiative collaborated with UNDP on their new paper – “From Fragmentation to Integration: Embedding Social Issues in Sustainable Finance.” Organizations in addition to The Predistribution Initiative who contributed to this piece include the Financial Conduct Authority, ReGenerate, JS Global Advisory , and Rights CoLab. The paper highlights the relevance of social issues in sustainable finance with the aim to generate momentum within the financial system to tackle inequality. It also provides key recommendations for governments, regulators, and financial institutions to (1) Support research on the system-level risk of socio-economic inequality for financial stability, (2) Adopt and improve social disclosure standards and risk management tools, and (3) Rethink the macroeconomic determinants of sustainable finance.