Green finance moving ahead to sustainable
While the EU Commission is accustomed to big regulatory plans, generally synchronized with the arrival of a new team at the top of the institution, this time the green finance or sustainable finance agenda is marking a leap forward in terms of green policies notably by being released at the end of a EU Commission Cycle and with an agenda likely to go much beyond the current and next EU Commission.
From early 2018, several signs indicated that the EU was preparing something on the back of the Paris COP 21 from 2016 and probably in response to the United States’ change of direction. In practice, in mid-March 2018 the EU Commission launched its Sustainable agenda for finance at a large conference with the objective to transform the financial industry from inside out in order to make it “Green aware”.
Performance magazine issue 27, September 2018
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.