entrepreneurs. however, the public sector can play an important role as well in tackling modern global challenges related to the sdgs. the bank of japan would like to contribute through taking initiatives toward the healthy development of fintech, supporting financial institutions which contribute to regional vitalization, promoting financial literacy, as well as securing economic, price, and financial stability. i would like to conclude my remarks here, with the hope that today's discussion at the b20 will stimulate further cooperation between the private and public sectors toward achieving the sdgs. thank you for your attention. for details, see the reports posted on the task force's website. for example, " recommendations of the task force on climate - related financial disclosures, " june 2017. https : / / www. fsb - tcfd. org

march 15, 2019 bank of japan toward inclusive and sustainable development remarks at the b20 tokyo summit hosted by nippon keidanren ( japan business federation ) haruhiko kuroda governor of the bank of japan introduction it is a great honor for me to have the opportunity to give a speech at the b20 tokyo summit today. this year, with deputy prime minister and finance minister aso, i co - chair the g20 finance ministers and central bank governors meetings. we are discussing a wide range of issues at the g20, including those related to the sustainable development goals ( sdgs ). 1 to tackle global challenges such as the sdgs, it is essential for the private and public sectors to cooperate with each other. therefore, i find it very meaningful for business leaders from the g20 member countries to meet together and have discussions, in parallel with the g20 processes. this year the b20, under the theme of " realizing society 5. 0 for sdgs, " has been discussing innovations in various areas, changes in the business environment, and how to tackle global challenges. society 5. 0 has been proposed by the japanese government. it is defined as a human - centered society that balances economic advancement with the resolution of social problems by a system that highly integrates cyberspace and physical space. 2 in such a society, the current problems in various areas will be expected to be resolved by cooperation between the private and public sectors through new technologies and innovations. today, i will first talk about some recent developments toward achieving the sdgs, and then discuss how innovation could be used to pursue inclusive growth under which " no one is left behind, " mainly focusing on the financial aspects. i. recent trends toward sustainable development since the industrial revolution in the 18th century, global economic productivity has been boosted and people's living standards have been drastically enhanced. this rapid economic growth was supported by advancements in industrial technologies such as the internal combustion engine, and by the realization of a large - scale industrial society incorporating the sdgs are global development goals set by the united nations in 2015. they are made up of 17 goals and 169 targets to be achieved by 2030. the sdgs succeeded the " millennium development goals ( mdgs ), " established following the adoption of the united nations millennium declaration in 2000. for details on " society 5. 0 for sdgs, " see the website of cabinet office, government of japan. https : / / www8. cao. go.