Three ideas for a progressive Sustainable Finance agenda
The Sustainable Finance agenda is a critical part of the European Green Deal (EGD). It sets public standards for identifying activities that will accelerate the transition to a low-carbon economy (the Taxonomy), standards that can be deployed to steer private finance from brown towards green activities.
The COVID19 global pandemic has rendered the Sustainable Finance strategy even more pressing.
This policy brief identifies three pillars of a progressive approach to greening the European financial system that would render private finance a critical lever in the transition to low carbon economies.