Making Money Work: Financing a Sustainable Future in Asia and the Pacific - Overview

Asian Development Bank (adb), Asian Development Bank (adb) (), Asian Development Bank (adb) and Asian Development Bank (adb)
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Asian Development Bank (adb): Strategy and Policy Department, ADB
Asian Development Bank (adb): Strategy and Policy Department, ADB

No RPT157221-2, ADB Reports from Asian Development Bank (ADB)

Abstract: The new sustainable development agenda is expected to touch every country, person, and activity. Therefore shouldn’t every dollar count toward achieving it? Asia and the Pacific, home to more than half of humanity, has the money to improve the lives of all its people, and protect the planet in fair and durable ways. However, funds are in many hands, invested elsewhere, or used for various purposes. It is time to move beyond this fragmentation and align finance behind sustainable development, recognizing that while capital will be key, so will the capacity to apply and attract it effectively. This report explores some of the ways forward. It highlights not just the need to inject more money into investments that contribute to sustainable development, but also to attract funds toward them—to finance human needs, infrastructure, and cross-border public goods. The report spans public and private options, in their distinct roles and in combination. An eight-point agenda suggests how key constituents can do their parts. Working together, they can make money work for development where benefits are not only more equitably shared, but will last for generations to come.

Keywords: adb; asian development bank; asdb; asia; pacific; poverty asia; adb; asian development bank; pacific; money; harnessing capital; financing for development; post-2015 agenda; asian development bank; financing frameworks; domestic resources; public funds; private potential; money markets; inclusive finance; public-private partnerships (search for similar items in EconPapers)
Pages: 22 pages
Date: 2015-04
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