This is a special feature on 2021, kickstarts the first podcast on Social Impact Update from The middle Road. Do refer to the add on educational publication following this podcast. This is going to be a regular feature from The middle Road.
First a bit about The middle Road platform. Inspired by the seventeen sustainable development goals, and keeping the model simple yet elegant, The middle Road’s mission is to make a holistic change within the world. The startup promotes themes on sustainable development, art, culture, well-being supported by well-rounded and comprehensive online learning initiatives. Despite being a one-person company, The middle Road platform has a global audience with readers and learners from across the globe. Known for its intense and educative reads, insightful and informative podcasts, webinars and videos, and educational online courses, the company is a global thought leader in social impact. The startup is a refreshing change from any of its peers, youthful yet measured, enlightening yet fun, creative yet simplistic, thought-provoking, multifaceted and, instructional. Within a short period, the startup has interviewed leading social enablers across continents, posted research focussed futuristic publications on topics related to the social and development sector artistically leading the way. This read captures some significant news from 2021, especially the reads covered on The middle Road platform.GRAPH DATA SOURCE UNESCO | THE MIDDLE ROAD
Note: GERD figures are in PPP$ (constant 2005 prices). Many of the underlying data are estimated by the UNESCO Institute for Statistics for developing countries, in particular. Furthermore, in a substantial number of developing countries data do not cover all sectors of the economy.
GRAPH: SOURCE CLIMATE BONDS INITIATIVE : THE MIDDLE ROADAsian Development Bank estimates that Asia and the Pacific will need to invest $1.7 trillion per year to support climate and sustainable development goals.
Enel, a European multinational is a pioneer in issuing SDG-linked bonds, with coupon payments linked to sustainable development goals. Enel established a Sustainability-Linked Financing Framework to aid issuance of Sustainability-Linked Financing instruments for its Euro Commercial Program. The financing instrument targets Sustainable Development Goal 7 on Affordable and Clean Energy (SDG 7). These bonds have a step-up coupon feature i.e. they have to pay a penalty for missing the key performance indicator mapped to coupon payment. Refer to publications and articles on Sustainable Finance on www.themiddleroad.org to get in-depth knowledge on Sustainable Bonds.
If Denmark is a champion of implementing best sustainable practices example promoting cycling as a mode of transport, then Singapore’s 2030 Green Plan is an inspiration for thought leadership within the sustainable development sector. The middle Road envisions Singapore’s 2030 Green Plan to a bell weather effort comparable to the Finland’s or better Nordic countries holistic foray in bettering K-12 education globally. The little Asian dynamo, Singapore plans to invest 50 percent more (200 hectares) of land for nature parks as part of its biodiversity drive. The fact that every household will live within 10 minutes of walk to a park, has numerous positive externalities example healthier life, lower healthcare costs, better wellbeing, more productivity at work, etc. The country is increasingly deploying circular economy solutions and by 2030, expects to reduce waste to landfills by 30 percent. Many ground-breaking initiatives like expanding the cycling network to 1320 km and raising the share of public transportation to 75 percent by 2030 can serve as a beacon for other countries in implementing and understanding impact evaluation<