Realign expenditures

 

Any measure that can re-orient existing financial flows towards the SDGs (e.g. by eliminating energy subsidies and using these freed resources to build renewable energy infrastructures instead). The solutions that contribute to realigning finacial flows towards sustainable development are listed below.

Ecological fiscal transfers

Integrating ecological services means making conservation indices (e.g. size of protected areas) part of the fiscal allocation formula to reward investments in conservation.

Public guarantees

Guarantees can mobilize and leverage commercial financing by mitigating and/or protecting risks, notably commercial default or political risks.

Voluntary standards (finance)

Standards applicable to the financial sector that capture good practices and encourage the achievement and monitoring of social and environmental outcomes.

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