The aim of the United Nations SDGs (Sustainable Development Goals), is to end poverty, deal with climate issues, and make progress with affordable green energy. To reach this goal an approx amount of $4.5 trillion investment is needed year by year in developing countries until 2030.
No country can achieve these goals by itself. Collaboration between the developed and the developing countries is key for establishing a strategic partnership in sustainable investments.
❗Create a Unified ESG Rating System❗
As the recent discussion in the European Union about the sustainability of „green“ energy, including „bridge technologies“ like natural gas and nuclear power plants shows, there is no common standard when it comes to rating of ESG projects.
Different requirements of the countries slow down the rating of „sustainable“ capital not only in the European Union. A globally accepted ESG rating will stabilize the investment process.
Counties, companies, and especially banks and rating agencies need to agree on a reliable rating standard.
❗„Bullet-proved“ ESG Investments❗
Partnering with other companies, non-governmental organizations, research organizations or government entities helps share risks and/or costs.
Most importantly, such collaborations can boost the development of new technologies, products, services, or business models that will lead to a more sustainable future.
❗Innovation by Connection Knowledge ❗
Collaborating with other countries regardless of considering companies or investors is infusing new views and driving innovation which finally raises sustainability.
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