再生金融理論的系統解讀

Abstract

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The Financial system is critical in mobilizing the capital for sustainable development. United Nations estimates that $5-$7 trillion in investment is required to achieve sustainable development goals. Mainstream sustainable finance is necessary but not good enough as sustainability primarily focuses on mitigation and adaptation. There is a need to transform the financial system that works in regenerating the economy. Regenerative finance uses a holistic approach to address the systemic flaws in the financial system and design based on the regenerative living system principles. Much of the literature on regenerative finance is theoretical and difficult to apply. There has been no study before to use the system thinking process in a complete regenerative finance theory. This study examines how the system thinking process adds value to the regenerative finance theory by translating it into a system map. John Fullerton’s writings on regenerative finance and System Impact Multi-Family Office (SIMFO) methodology were used to build a system map. The study reveals that system thinking helps communicate the theory easily, quickly, and effectively. It also helps in engaging the stakeholders effectively. Stakeholders can turn this map into an action map for collective action. Moreover, it can be used for educational purposes to raise awareness. Lastly, it adds value by making the system structure explicit, which is missing in theory. Keywords: Regenerative Finance, Climate Change, Sustainability, System thinking, System map