The Global Financial System

April 2, 2019

Working with the UN, more than 60 international organizations released a report to warn that the world financial system has to change, if we are to make progress toward achieving the SDGs by 2030. Fighting climate change and eradicating poverty are two of the key issues in the SDGs.

António Guterres, that Secretary-General of the United Nations, says that encouraging longer-term carbon taxes and putting social costs of doing business at the forefront can definitely help with the sustainable development goals. He continued: “Our shared challenge is to make the international trading and financial systems fit for purpose to advance sustainable development and promote fair globalization.”