While sustainable investing is booming, unlocking the potential of clean technologies and accelerating the transition to low carbon economies, research shows that few bonds support a holistic view of sustainable cities.
Photo: Charley Litchfield / Unsplash.
Out of the 3916 bonds found in the Environmental Finance database only 3% were designated as social and 4% as sustainable. In Sweden the first city-driven green bond, issued in 2013 by the City of Gothenburg, has raised concerns over the additionality of the environmental impacts and lack of consideration to social equality and justice. Unless sustainability impacts are holistically considered in bond frameworks, trade-offs between environmental and social benefits may occur.
This project aims to accelerate investments in viable cities by:
- identifying the needs and gaps of various stakeholders in terms of creating sustainable cities
- assessing how much sustainable finance is currently geared towards sustainable cities
- reviewing impact frameworks and metrics
- mobilizing the supply and demand side of the market to ensure that sustainable financing supports a holistic view of sustainable cities
The project team is made up of 2 research institutes, representatives from the private sector and Swedish municipalities.
Partners
- Stockholm School of Economics
- Cleantech Scandinavia
- Svenska Kyrkan
- Malmö Stad
- Almi Invest GreenTech
- Feature
- Economy
- Governance
- 18 June 2021
Citizen participation methods can foster a transparent democratic process, while at the same time benefitting municipalities by finding sustainable solutions.
- Feature
- Land
- Governance
- 21 May 2021
This report aims to provide a research-based understanding of the role of external financing in helping Swedish municipalities to reach the Agenda 2030 goals.
- Other publications
- Air
- Water
- Land
- Health
- Governance
- Climate
- 4 February 2022
- Sweden
- Other publications
- Governance
- Climate
- Economy
- 20 March 2020
- Asia
- Oceania
- Europe
- Northern America
Misum, SEI och CTS lanserar en ny forskningsrapport som diskuterar det privata kapitalets roll för att finansiera hållbara städer med fokus på svenska kommuner.
- Event
- Governance
- Economy
- 26 January 2022
- 12:15 - 13:30 CET
- Sweden
- Sweden
- Head of Division - Societies, Climate and Policy Support
- SEI Headquarters
- @FedraV
- Research Associate
- SEI Headquarters
- Associate
- SEI Headquarters