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Transforming Trade and Finance for the Sustainable Development Goals (SDGs)

Book Title: Transformative Approaches in Multidisciplinary Research (TAMR)

Chief Editors: Dr. Meenakshi Kujur, and Dr. Hamidun Bunawan

Associate Editors: Mr. Gunjit Singhal, and Dr. Asma Farooque

Co-Editors: Dr. Suresh Kamarapu, and Dr. Souvik Sur

Chapter: 13

DOI: https://doi.org/10.59646/672/13

Author: Hajira Thasneem J

Abstract

The Sustainable Development Goals (SDGs) can be accelerated by re-engineering trade and finance, as this chapter explores.  In order to align capital allocation and cross-border commerce with social inclusion, climate action, and biodiversity protection, it synthesizes conceptual frameworks, policy tools, regulatory innovations, and digital technologies. The chapter presents a useful agenda for governments, multilateral organizations, businesses, and civil society, drawing on global experiences ranging from green industrial policy and carbon border adjustments to open banking, instant payments, and sustainability-linked finance.  A roadmap and metrics for implementation through 2030 and beyond are included at the end.

Keywords: Sustainable Development Goals (SDGs), Trade and Finance Transformation, Green Industrial Policy, Digital Trade and Fintech, Blended Finance

References
  1. Asian Development Bank (ADB). Asian Economic Integration Report (various years).
  2. Bank for International Settlements (BIS). Climate-Related Financial Risks and Financial Stability.
  3. International Monetary Fund (IMF). Report on Global Financial Stability (different years).
  4. International Trade Centre (ITC). SME Competitiveness Outlook (various years).
  5. Intergovernmental Panel on Climate Change (IPCC). Assessment Reports.
  6. Organisation for Economic Co-operation and Development (OECD). Financing SMEs and Entrepreneurs; Blended Finance Principles.
  7. United Nations Conference on Trade and Development (UNCTAD). Trade and Development Report; World Investment Report.
  8. United Nations Environment Programme (UNEP). Emissions Gap Report; State of Finance for Nature.
  9. World Bank. World Development Report; Global Economic Prospects; Enabling the Business of Agriculture.
  10. World Trade Organization (WTO). World Trade Report.