The Role of Impact Finance in Targeting Social Justice

Abstract

Public administrations are increasingly called upon to become protagonists of the transition to sustainable development. In this perspective, it is necessary to think of financial models capable of catalyzing public and private resources, intentionally orienting them toward the implementation of policies and projects functional to the transition. To implement public sustainability policies in an optimal way, the simple reference to the Sustainable Development Goals (SDGs), which are also a useful and recognized reference, is not enough. It is important to define strategies that also define the methods of public–private partnership and those of financing the selected environmental and social impact projects. This article proposes a mapping of sustainable finance experiences in the sphere of social justice, classifying them according to the SDGs, with special focus to SDG 16 Peace, Justice, and Strong Institutions.