Spatial Finance : Challenges and Opportunities in a Changing World
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 challen...
| Main Authors: | , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/850821606884753194/Spatial-Finance-Challenges-and-Opportunities-in-a-Changing-World http://hdl.handle.net/10986/34894 |
| Summary: | 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. |
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