Our policy paper “Defining Sustainable Finance for Health: A Common Taxonomy to Mobilise Global Investment” is published here
Our Key-Messages from #T20 Policy Paper ahead of the Summit of the T20 and G20 South Africa are:
To effectively address debt sustainability issues of G20 economies, the G20 shall endorse a joint definition on what sustainable finance for health means for the health and finance community in terms of delivering high societal and economic returns to save and drive productivity growth, create jobs, stabilise economies, and enhance long-term financial returns.
The G20, through the Sustainable Finance Working Group (SFWG), shall encourage the development of national or regional health taxonomies as strategic investment tools to align the communication between policymakers, companies, and investors.
A Health Investment Tool in form of a health taxonomy provides a tool for strategic boardroom discussions, investment committees, and policy planning sessions to evaluate how it can be applied or adapted to current portfolios and strategies.
The health taxonomy could support more systematic assessments of health-related risks and economic impacts, including through existing processes such as the IMF’s Article IV consultations and other macroeconomic surveillance frameworks that are relevant to G20 finance ministries.
Many thanks to my co-authors Roberto Duran-Fernandez Rifat Atun Prof. Dr. Dennis Ostwald and Hasbullah Thabrany for partnering on this policy paper and to our partners for the consultation process and valuable insights.
Special thanks to the taskforce leads and secretariat for their superb partnership: daniel bradlow Martin Kessler Hannah Ryder (芮 婉 洁) Siphumelele Duma, PhD and Nompumelelo N.
Hatice Beton
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