Approaches to assessing the contribution of global financial centers to the development of sustainable finance

DOI: 10.33917/mic-6.89.2019.97-102

Financial centers create a powerful clustering effect by concentrating a number of interconnected financial operations – banking, capital markets, investments, insurance, professional services (jurisprudence, accounting), and regulation. Thus, they act as a driver for promoting the principles of sustainability in business through the organization of financing. However, at present this incentive potential is underused due to the lack of a unified approach to assessing their contribution to the development of sustainable finances. The development of such a unified approach will increase investment in sustainable finance, optimize its regulation, and increase public awareness of the development of a sustainable financial system. The article is devoted to the analysis of the experience of the world’s leading financial centers in stimulating the development of sustainable finance.

The Role and Importance of the Appraisal Institute in the State Land Policy Formation

#1. Beyond Design Basis Evaluations

With development of the land market regulation is clearly taking on the traits of the economic mechanism and foresees all-round development of land assessment and taxation, of direct government control.