Are you concerned about the planet? Do you recognize the urgent need to address global poverty and climate change? Are you curious about international development and finance? Well, this might be the course for you.
In 2015, member countries of the United Nations agreed to establish the Sustainable Development Goals (SDGs) for 2030. They were a comprehensive call to action for all nations to work towards a world free from poverty and hunger with the health of the planet in mind. They further sought dignity in work and an end to all forms of discrimination plus many more admirable objectives. It seemed like a watershed moment, a pivot towards a more sustainable and just future.
While several of the SDGs require governments to enact policy changes or take collective action, most require an enormous amount of new investment to achieve. This is exactly where the SDGs left a gaping hole. How would the world pay for this ambitious agenda? So far, the world is not on track to achieve the SDGs. It has become clear that the lack of financing is one of the primary impediments to progress.
This course centers on the financing challenge. It starts by looking at the SDGs themselves. What are they? Why are they important? What is sustainable development? It then evaluates the merits of ideas and solutions put forward by development practitioners and scholars alike to increase the amount of financing allocated to the SDGs. The bulk of the course is focused on “blended finance” – the pathway most ardently being pursued by the development community. This is the use of public resources to attract commercial investment for the SDGs. The course will provide you with an in-depth look at the theory, mechanisms and application of blended finance. It will be practical in nature with actual case studies, simulations, videos of public workshops/speeches and visiting experts who will join the class remotely. Not to mention, it is taught by an instructor who has lived at the center of this transformation in development financing.
GenEd Information: See the GenEd Website for information about courses approved for the IU Bloomington General Education requirements.
Catalog Information: SPEA-V100 CURRENT TOPICS IN PUBLIC AFF