The 2030 Agenda for Sustainable Development establishes 17 goals adopted by UN member states as the action plan to achieve sustainable development. Each country must establish its action plan on implementing the UN SDGs and the integration of sustainable development in policymaking at the national level. Environmental, ...

A project stakeholder is any individual or group that can affect, be affected by or believe to be affected by a project during its life cycle and/or its output and can influence its success. A development project has multiple stakeholders with varied and often conflicting interests. A project participant is any person ...

US president-elect Joe Biden has promised to reenter the Paris Agreement, ending the US opposition to the UN SDGs under Donald Trump’s presidency. Elected on an ambitious climate platform, Biden promised a $2tn clean energy revolution. He will govern with Kamala Harris as vice president, who as former attorney general ...

Feasibility studies are conducted by developers to analyze and confirm the optimal product to maximize market penetration, performance and the internal rate of return on investment (ROI). They are generally undertaken to provide objective and reliable information for the decision whether or not to pursue the projects. ...

Investors in hotel property own the site and building as well as the hotel FF&E and OS&E. The owners of the hotel businesses are the hotel owners, who occupy and use the hotel properties and profit from their operation. The degree of management and control they desire over the management and operation of the pr ...

This article explores how circular procurement of equipment adds value to all parties along the supply chain. The circular economy offers opportunities to manufacturers, dealers, resellers, authorized third-party refurbishment companies, service companies, and rental and leasing companies. Furniture, fixtures, and equi ...

The review of the year 2018 and outlook 2019 discusses topics ranging from public sector borrowers, financial institutions, securitization, corporate debt, equity capital markets, emerging markets, and derivatioves. Its themes for 2019 include Brexit, the end of QE, Europe versus the populists, sustainable finance, ban ...

Fed flexibility on balance sheet normalization could have far-reaching consequences. Tech stock valuations suggest fears that trade war is morphing into tech war.  A more dovish Fed spells respite for highly indebted EM borrowers.  There has been unprecedented growth in green syndicated lending – not just green bonds – ...

The EU budgets for 2021-27 aim to boost recovery from the COVID-19 crisis and advance EU societal objectives, including the European Green Deal.  The €1.8 trillion package reflects a 30% climate target on all EU spending, the EU 2030 emissions reduction target, halving the Just Transition Fund (JTF).  It turns the Euro ...

Sustainability and digital processes are the future for 74% of the responding surveyed hotel investors, owners, leaseholders and developers. While owners of hotel properties are struggling with loss of rent, defaults and the risk that the hotel asset class will be downgraded, going forward investors, owners and operato ...

Sustainability linked loans induce borrower achievement of ambitious, predetermined performance objectives and promote sustainable development.  The borrower’s sustainability performance is measured against sustainability performance targets (SPTs) as set against key performance indicators, external ratings and/or equi ...

Green loan principles (GLP) facilitate and support environmentally sustainable economic activity through use of green loan products.  Green loans are any type of loan instrument made available exclusively to finance or refinance in whole or in part new and/or existing eligible "green projects".  Financial institutions ...

The business case for sustainable hotels establishes the benefits for each of the different participants in a hotel development project.  By working together to integrate sustainability into the development of new builds and retrofits, the best financial benefits are realized for all parties along the hotel value chain ...

"Green loans" are used to finance green projects, whereas "sustainability linked loans" are linked to the borrower's sustainability performance.  In the European Union in recent years, there has been rapid growth in green financial products only for use to fund green sustainable projects.  Unlike green loans, the use o ...

Sustainability is viewed as the new normal and envisaged for the future of tourism, as announced by the World Tourism Organization (UNWTO).  This publication elaborates on and expands the UNWTO Global Guidelines to Restart Tourism, with the aim to emerge stronger and more sustainable from the COVID-19 crisis.  The reco ...