29 Jul Data availability and the ability to monitor changes – biggest barrier to sustainable finance
Sustainable finance is gaining popularity as a means to fund projects that deliver better environmental and social outcomes in a manner that benefits both the funder and the recipient, whilst achieving a common good. What is driving this? Why is sustainable financing being touted as a solution to some of the most tricky environmental and social challenges confronting us today? Businesses and investors are also looking to gain competitive advantage by integrating sustainability and environmental, social and governance (ESG) commitments and performance into funding and capital raising mechanisms. How can sustainable finance drive our progress on the Sustainable Development Goals?
This RiverTalk led by Chi Mun Woo (Deloitte Australia) explored where sustainable finance is today, what the aspirations are for the future, and how this may apply to our journey towards resilient rivers.
Data availability and the ability to monitor changes in activities and benefits was identified as the biggest barrier to sustainable finance, but it was great to see that COVID19 has not changed the majority of organisations commitment and investment in sustainability, and even in some cases re-invigorated it!
Download the slides here.