Tag Archives: market-based

Investing in sustainable development: A perspective on market-based approaches

Anomalies and risks associated with achieving growth suggest that humanity is heading for increasing instability and multipolar disasters. The question is: are there instruments for alleviating these problems? Should the relevant instruments be market-based, public-based, or both? This brief argues that an effective private sector model to leverage financing for global sustainable development exists. It assesses the comparative analysis of contingent valuation (CV) versus revealed preferences (RP) methods for environmental conservation to argue that an effective model of collaborative push -" i.e. insurance-based contractual savings" is in effect doable for economic, social and environmental sustainability as a quasipublic good between the public and private sectors.

Read the full brief below and share your comments:
https://sustainabledevelopment.un.org/content/documents/5516Climate_and_insurance_rev3.pdf