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Carney: The Sustainable Development Goal Imperative

From bankofengland.co.uk

The Sustainable Development Goals are a moral imperative, with objectives that include nothing less than ending poverty, fighting inequality and injustice, and tackling climate change.1 The SDGs are also an economic imperative. Their achievement would mean greater productivity, increased labour supply and ultimately stronger growth. In short, they could pull the global economy out of its current malaise of secular stagnation. 2. The Scale of Investment Required to Achieve the SDGs is Immense Achieving the SDGs will require both a step change in the quantum of investment and a marked reorientation of its destination. ... (full story)

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