SAVi was featured during a presentation at the United Nations Economic Commission for Asia and the Pacific (UNESCAP) meeting on “Living within our planetary limits,” held from October 17-18, 2019, in Bangkok, Thailand. The UNESCAP meeting included a discussion of the Economic and Social Survey of Asia and the Pacific 2020.
Participants from finance ministries and financial sector regulators from the region discussed the importance of addressing environmental, social and economic and governance risks and externalities. IISD used the track record of SAVi to demonstrate how we can calculate the dollar value of risks and externalities and show their impacts on financial performance. Participants particularly expressed interest in the SAVi internal rate of return and the SAVi net present value that includes the costs and gains from externalities. The participants agreed that even though some of the externalities might not directly affect project revenues or costs, the SAVi internal rate of return and the SAVi net present value were critically important to understand the “systemic” value of assets and services. We look forward to further dialogue in the coming months.