Measuring sustainable development goals: an application of modern portfolio theory on sustainability systems
作者： Humberto S. Brandi , Silvio F. dos Santos
DOI: 10.1007/S10098-020-01822-1
关键词: Sustainability 、 Modern portfolio theory 、 Ranking 、 Portfolio 、 Sustainable development 、 Efficient frontier 、 Work (electrical) 、 Resource allocation 、 Business 、 Environmental economics
摘要: This work presents an application of the modern portfolio theory (MPT). The United Nations 2030 Agenda sustainable development goals establishes 17 (SDGs) and 169 targets each associated with indicators, integrating economic, social environmental dimensions development. constitutes a complex system to be used by more than 150 countries having different priorities levels Concerning Goals, MPT can help define strategies handle resource allocation problems. In economics, appraises that when choosing assets looking for returns, some investors prefer fewer risks; others accept higher risks. To optimize countries’ path sustainability, decision makers may distribute their resources, acting similarly investor. this case, SDG corresponds indicators given Goal. Constructing efficient frontier optimal portfolios assets, provides method obtain maximum possible expected returns level risk and, besides, risks involved in weighting choice. present restricts analyses Goal 7 (affordable clean energy), related energy five BRICS countries. choice leads ensemble situations highlights applicability sustainability. Calculations are presented detail Brazil, general discussion is BRICS. approach considers main features multi-criteria decision-making method, except ranking options makers.
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