Capital for the Common Good introducesthe concept of Sustainable Capital Goals(SCGs) to serve the UN SustainableDevelopment Goals (SDGs).The Digital Economist calls for redirectingcapital flows to create real value forsocieties in the form of goods and servicesrather than to generate revenue throughpurely financial instruments. In addition,we advocate preferential allocation ofcapital to sustainable investmentopportunities – above all, those that canhelp ensure a livable future in the face ofthe growing climate crisis. Beyonddefining the SCGs themselves, werecommend the development of a newCrossborder Financial Backbone led andsupported by governments of the GlobalSouth, to ensure that sustainable capital isdeployed to flow from the “closed loop” ofthe Global North to meet the urgentneeds of the Global South. The DigitalEconomist proposes to help capital flow inthe path of least resistance. Capital for theCommon Good recommends not just anew Crossborder Financial Backbone, butalso a shift toward real-time data andinternational issuance standards