Three recommendations to address the funding challenge for sustainable projects:
– First, pooling many smaller sustainable projects into one that has enough critical mass to be relevant through securitization
– Second, reducing the complexity of key transaction terms and make it easier to design and negotiate the specifics of instruments used to invest in sustainable projects through open-source clearinghouse of previous sustainable projects
– Third, expanding funding sources for sustainable projects and making them more transparent through an open-source database of investor appetite that is searchable by innovators and designers of new sustainable projects.
Source : https://www.project-syndicate.org/commentary/three-ways-big-finance-can-scale-up-sustainability-by-j-david-stewart-and-henry-p-huntington-2022-05
Published by Wael Mohamed Aaminou
While living in the US, the 2008 financial crisis’ impact on the economy and people pushed me to question the purpose of my job as a financial consultant. I ultimately shifted gears to focus my advisory efforts on fostering a more ethical finance that puts the real economy, social welfare, and environment preservation at the center. With assignments in Northwestern Africa, Middle Eastern and Southeast Asian regions, this journey led me to challenge and shape Impact finance and Islamic finance ecosystems in as varied sectors as energy, healthcare, education, and agriculture.
Working in more than 10 countries has taught me that sustainable development challenges are complex, and that a viable solution would start by prioritizing efforts on most pressing issues when resources are limited. This is particularly true for climate change which transversally impacts virtually all SDGs. Today, as a sustainability finance advisor, I mobilize people and resources toward the adaptive challenge of building together the sustainable world that our children and planet deserve.
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