“The Future of Business and Sustainable Development” A Blog by Visiting Fellow Makino Koji and Others is posted on the Brookings Institution Website

How do private firms contribute to sustainable development? To answer this question, a blog titled “The Future of Business and Sustainable Development ” has been published in the series Future Development on the website of the Brookings Institution.

In the blog the authors discuss the theme explored in the above-mentioned book, which is how the pursuit of profit by private firms can be aligned with the interest of the world. It introduces three key debates that warrant attention in the context of recent global trends in the business landscape—value creation, risk management, and accountability—while also presenting insights from the authors of the chapters in the book.

Furthermore, the authors point out that discussions within the business community and policy debates on government-led sustainable development are thought to be aligned in this context. However, in reality, policy discussions on sustainable finance and corporate investment at global forums like the G20, G7, the IMF and the World Bank annual meetings are progressed separately from the discussions by regulators and accountants on setting business sustainability standards.

The authors contend that these parallel discussions must be aligned more closely, and that their edited volume can help bridge these conversations and also inform the discussions for the post-2030 sustainable development goals.

Click on the link below to read the full blog post:
The future of business and sustainable development

In a recorded message below, Kharas introduces the content of the blog: