Green Finance & Social-Impact Bonds: How Developed Countries Mobilise Markets for the SDGs
While governments are struggling with high public expenditures, and urgent climate and development priorities, advanced economies began utilizing capital markets, instead of just aid budgets, to finance Sustainable Development Goal (SDG) priorities. Tools like sustainability-linked bonds (SLBs), green bonds, and carbon prices have become common methods to direct private capital toward public goods. From Niche…