Earth System Finance - New Approaches to Finance and Sustainability
|Coordinator||KUNGL VETENSKAPSAKADEMIEN KVA - Global Economic Dynamics and the Biosphere Programme (GEDB)|
|Funding from Vinnova||SEK 1 700 000|
|Project duration||January 2017 - April 2019|
|Venture||Financial Market Research|
Purpose and goal
The project “Earth System Finance a new approach to finance and sustainability” that has operated between 2017-2019, has had the ambition to “identify, map, visualize and communicate how global financial flows underpin large scale modifications in the world’s ecosystems with repercussions for the stability of the Earth’s climate system”. Our assessment is that the project has achieved this ambitious goal, sometimes even beyond expectations. This is shown clearly by the interest in the financial sector, by the public, and media.
Expected results and effects
The project has gained considerable attention around the world, and has through its combination between science, open data, communication and dialogues, created a new way to discuss the role of the financial sector for sustainability. The project team has been able to engage closely to financial institutions from all over the world, offered data and communication material, and engaged in the public debate on numerous fronts both nationally and internationally. Our team has also managed to attract additional funding during 2018 for more research and dialogues in this stream of work.
Planned approach and implementation
The project has combined data analysis and research, with visualization and dialogues with actors in the financial sector. This combination of providing new scientific insights, and communicate these through visualizations and open data, has allowed for deep engagements and dialogues with the sector. Details can be found in the final report of the project.