Bold finance leadership
Summary
Minister Per Bolund and Johan Kuylenstierna argue that the global financial system must be transformed to steer investment toward a low-carbon pathway to meet the targets of the Paris Agreement and Sustainable Development Goals. While noting initiatives from the World Bank and G20, the authors highlight that green finance remains in its infancy, with green bonds and green infrastructure assets each making up less than 1% of their respective global totals.
Key insights
- The authors contend that the finance sector requires a fundamental 'reboot' to ensure investment is directed toward a sustainable, low-carbon pathway to fulfill the ambitions of the Sustainable Development Goals and the Paris Agreement.
- Current green finance adoption is very low, with green bonds and green infrastructure assets held by global institutional investors both representing less than 1% of their global totals.
- International bodies have begun taking steps toward this transition, including a five-point plan from World Bank President Jim Yong Kim and the establishment of a Green Finance Study Group by the G20 under the Chinese presidency.
Cite the original document
- APA
- Bolund, P., & Kuylenstierna, J. (2016). Bold finance leadership. Stockholm Environment Institute. https://www.sei.org/perspectives/bold-finance-leadership/
- Chicago
- Bolund, Per, and Johan Kuylenstierna. Bold finance leadership. Stockholm Environment Institute, 2016. https://www.sei.org/perspectives/bold-finance-leadership/.
- Wikipedia
- {{cite press release |last1=Bolund |first1=Per |last2=Kuylenstierna |first2=Johan |title=Bold finance leadership |publisher=Stockholm Environment Institute |date=11 October 2016 |url=https://www.sei.org/perspectives/bold-finance-leadership/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{bolund2016bold, author = {Bolund, Per and Kuylenstierna, Johan}, title = {{Bold finance leadership}}, publisher = {Stockholm Environment Institute}, year = {2016}, month = oct, url = {https://www.sei.org/perspectives/bold-finance-leadership/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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