Using central bank digital currency to achieve the sustainable development goals

Ozili, Peterson K (2023): Using central bank digital currency to achieve the sustainable development goals. Forthcoming in:

Abstract

This paper examines the role of central bank digital currency (CBDC) in achieving the United Nations sustainable development goals (SDGs). It was argued that a central bank digital currency can unlock financing for each of the sustainable development goals, provide suitable access to capital and increase payment efficiency. CBDC can also increase the speed of transaction chains and provide greater capital efficiency for investment in sustainable development activities and projects.

• Item Type: MPRA Paper
• Language: English
• Keywords: central bank digital currency, CBDC, sustainable development, sustainable development goals, United Nations, SDGs
• Subjects: E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy

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