The Macro Dimension of the ESG Paradigm

... projects that fall under the ESG umbrella account for nearly 43% of the financing of all National projects and the revisions of the past several years were directed towards increasing the share of socially-oriented projects. From the point of view of macroeconomic policy the compatibility with ESG principles is certainly not tantamount to simplistic increases in budgetary allocations to expenditure items such as environmental protection or the expansion of the social safety net. There is also an important ...