Publication: Spatial Finance: Challenges and Opportunities in a Changing World
Date
2020-12-01
ISSN
Published
2020-12-01
Author(s)
World Bank
WWF
Abstract
If financial markets are to realign
towards truly sustainable development the financial sector
needs to differentiate commercial actors more accurately on
their climate and environmental performance. A potential
breakthrough to help in this challenge is the emerging field
of ‘Spatial Finance’, the independent assessment of the
location of a company’s or a country’s assets and
infrastructure using ground data, remote sensing
observations and modelled insights, offers a potentially
transformative means to gain improved quantitative ESG
insights. Rapid development is required if spatial finance
is to deliver in the short term. In this report, authors
outline a possible taxonomy and hierarchy for spatial
finance, showing how discrete forms of technology,
approaches and data can be considered within a single
consistent framework. Using this framework, spatial finance
could provide insights at differing scales for different
applications from the asset-scale for project finance, to
company-scale for investment, to country scale for sovereign
debt. Throughout the document authors provide insights into
current cutting-edge developments within the field,
illustrated with case studies from practitioners and data
providers, and explore potential future developments.
Citation
“World Bank; WWF. 2020. Spatial Finance : Challenges and Opportunities in a Changing World. Equitable Growth, Finance and Institutions Insight;. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/34894 License: CC BY 3.0 IGO.”