Periodic Reporting for period 3 - IMPACT HAU (The Hau of Finance: Impact Investing and the Globalization of Social and Environmental Sustainability)
Berichtszeitraum: 2022-02-01 bis 2023-07-31
The moral and sustainable turn in finance could have enormous implications for society worldwide. It may be only with the help of private finance that governments can hope to implement climate goals and social development objectives, even when the political will is sufficient. Curiously some parts of the finance sector often seems to be pushing more strongly than governments in this direction – so we need to know what the motivations are, and if it is financial innovation that is offering solutions for sustainability, what effects might this have on society?
IMPACT HAU focuses on a various types of bond like green bonds, sustainability bonds, social bonds and development impact bonds, to find out who is behind this trend for moral and sustainable finance. What do they want to achieve? What are the concrete effects – the much vaunted ‘impacts’ – of sustainability-labeled bonds upon local populations, and what do they think about them?