Collected Item: “Sustainable Finance Addresses Social Justice As COVID-19 Raises The Stakes”
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Sustainable Finance Addresses Social Justice As COVID-19 Raises The Stakes
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Article
Tell us a story; share your experience. Describe what the object or story you've uploaded says about the pandemic, and/or why what you've submitted is important to you.
From the article: Economic shocks from the pandemic have widened existing inequities around the world, leading to calls for greater social justice in dealing with this health threat.
Poorer people, minorities, and women are suffering disproportionately from growing health, housing, income, and education gaps under measures to contain COVID-19 that could set them back for years to come.
To fund programs to address the problem, governments, supranationals, and corporations, among others, have accelerated issuance of sustainable instruments--including social bonds, where issuance jumped nearly four times so far this year to US$71.9 billion from the 2019 level.
We think the sustainable debt market, partly because of the rapid rise in social bond issuance, could exceed $500 billion this year.
Poorer people, minorities, and women are suffering disproportionately from growing health, housing, income, and education gaps under measures to contain COVID-19 that could set them back for years to come.
To fund programs to address the problem, governments, supranationals, and corporations, among others, have accelerated issuance of sustainable instruments--including social bonds, where issuance jumped nearly four times so far this year to US$71.9 billion from the 2019 level.
We think the sustainable debt market, partly because of the rapid rise in social bond issuance, could exceed $500 billion this year.
Use one-word hashtags (separated by commas) to describe your story. For example: Where did it originate? How does this object make you feel? How does this object relate to the pandemic?
#SocialJustice, inequity, Latin America, Americas, George Floyd, protest, BLM, Black Lives Matter, diversity, inclusion, injustice, economy, social, economics, socioeconomics, health, morbidity, Black, Indigenous, Pacific Islander, Latino, White, Asian, housing, infection rates.
Enter a URL associated with this object, if relevant.
https://www.spglobal.com/ratings/en/research/articles/201110-sustainable-finance-addresses-social-justice-as-covid-19-raises-the-stakes-11715625
Who originally created this object? (If you created this object, such as photo, then put "self" here.)
Lori Shapiro, Neesha-ann Longdon, Dimitri Henry, Michael Wilkins, Erin Boeke Burke
Give this story a date.
2020-11-10