RT null T1 Aligning Africa’s Financial System with Sustainable Development - Briefing A1 United Nations Environment Programme, K1 sustainable development K1 green economy K1 fiscal policy K1 financial management PB United Nations Environment Programme PB United Nations Environment Programme SN Not Available YR 2015 FD 2015 LK https://wedocs.unep.org/handle/20.500.11822/9689 UL https://wedocs.unep.org/handle/20.500.11822/9689 NO Adequate, appropriate finance is crucial for Africa’s sustainable development. Its availability depends on African countries developing financial systems that can effectively draw on and deploy to best use domestic and international, private and public sources. With the growing importance, in particular, of both domestic sources of finance, and private investment (both domestic and international), it is critically important that Africa’s financial and capital markets develop in ways that will promote sustainable development on the continent. Aligning a financial system with sustainable development does not happen automatically. The increasing scale and sophistication of Africa’s financial system alone will not achieve it. Indeed, international evidence amply demonstrates that financial and capital markets can — and often do — become detached and fail to adequately serve the long-term needs of inclusive sustainable development. NO https://www.unep.org/ru/node/10448 DS UN Environment Document Repository RD Sep 16, 2026