strategy
Improving financial resources and mechanisms for sustainable development
Context:
This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities. Broader:
Financing Narrower:
Ensuring equitable access to international environmental fundsIncreasing accountability of international financial institutionsReviewing sustainability of policies of international agencies and finance institutions Facilitates:
Financing sustainable development Facilitated by:
Increasing overseas development aidIncreasing aid to developing countriesExploring feasibility of tradable permitsReinvesting military capacity in civil goalsReviewing funding for implementing Agenda 21Using fiscal incentives in innovative financingMaximizing resources for implementing Agenda 21Maximizing resources for implementing Agenda 21Covering agreed incremental costs to implement Agenda 21Strengthening national policies to encourage technology transferDeveloping financial sector strategies for environmental protectionReporting national financial plan commitments to implement Agenda 21Exploring new forms of debt relief including greater use of debt swapsEncouraging universal participation in the Global Environment FacilityExploring schemes for voluntary contributions to sustainable developmentAddressing continuing debt problems of poorest heavily-indebted countriesProviding financial resources for facilitating national capacity-buildingStrengthening bilateral aid programmes in support of sustainable developmentAssessing costs and financing in developing countries to implement Agenda 21Providing debt relief for the poorest countries pursuing structural adjustmentReviewing measures to address debt problems of low and middle income countriesReviewing measures to address debt problems of low and middle income countriesEnsuring new forms of conditionality are not introduced for environmental fundingIncreasing voluntary contributions to sustainable development through NGO channelsExpanding scope of environmental funding to relevant programme areas in Agenda 21Preparing national plans in developing countries for achieving sustainable developmentStrengthening national policies to encourage higher levels of foreign direct investmentMonitoring implementation of Agenda 21 in respect of availability of financial resourcesEnsuring new and additional resources for environmental funding on grant and concessional termsProviding a supportive international and national economic climate for sustained economic growthExploring new ways of generating new public and private financial resources for implementing Agenda 21Ensuring predictability in flow of funds contributed by developed countries to achieve global environment benefits References:
Marcel Jeucken: Sustainable Finance and Banking: The financial sector and the future of the planet Subjects:
Commerce → FinanceDevelopment → Sustainable development
Development → Reform
Type Classification:
E: Emanations of other strategies Related UN Sustainable Development Goals:
