Green finance

Climate change is a key priority for Sibiu summit on Future of Europe

Investors are clear, as global leaders in addressing climate change, it is vital for the EU to send strong, long-term signals about how it will fulfil – and indeed, step up – its commitment to meeting the goals of the...

Diverting fossil fuel investments to renewables is not enough

Debate over the cost merits of fossil fuels against renewable power generation has traditionally focused on the levelised cost of electricity (LCOE), which has dropped dramatically in the case of wind and solar power. But that ignores the upfront capital costs, which are still up to seven times higher for renewables, writes Mike Parr.
Energy 25-02-2019

Banking on the energy transformation

In the last five years, the European Investment Bank (EIB) provided over €50 billion in clean energy investments in Europe and around the world. As a new cycle opens, Andrew McDowell explains the key principles that will underpin the EIB’s future lending policy.

The beacon of sustainable finance in Europe must not lose its flame

One year after the High-Level Expert Group on Sustainable Finance released its final report, the follow up on its recommendations is lagging somewhat behind, writes Catherine Howarth.

EU governments must drive investors’ money where their mouth is

There is a big risk that the European Commission’s proposals on sustainable finance will be watered down when EU member states examine the draft legislation, warn Lis Cunha, Sebastien Godinot and Rachel Owens.

Four things the EU should do to strengthen climate action before this mandate ends

EU institutions still have time for a series of concrete actions to strengthen climate policy before their mandate ends and get their successors off to a flying start, write Sanjeev Kumar and Edward Robinson.

How to ramp up energy efficiency investment for Europe’s net-zero emissions future

Making finance and investments sustainable is essential to achieving a net-zero emissions world by 2050. And energy efficiency has the single biggest role to play, writes Peter Sweatman.
Climate change 20-12-2018

Three ways companies and cities are taking the lead on climate change

As the COP24 drew to a close last weekend, it was hard not be concerned by the political rifts the process has revealed, notably regarding the IPCC’s 1.5C report. But in the real economy there are clear reasons for optimism, writes Nicolette Bartlett.

Green transition: ECB and budgetary authorities should face their responsibilities

Reforming the rules for coordinating budgetary and economic policies in the eurozone is a necessity to conciliate economic, social and climate objectives, write Olivier Bodin and Michael Vincent.
Climate change 06-12-2018

Sustainable finance now tops industry’s agenda

The climate targets of the EU and UN have moved sustainable financing to the top of the agenda of the finance industry. This means banks and investors are called upon to provide green incentives and become more involved in saving the planet, writes Karl Ludwig Brockmann.

Time to invest in Europe’s water infrastructure

Europe’s water infrastructure is ageing in all EU member states. The European Commission is at a pivotal moment and should decide to invest during the next MFF (2021-2027) to reap the health and environmental benefits, and to save money in the long term, writes Klara Ramm.
Climate change 02-05-2018

Five steps for a climate-friendly EU Budget

The EU’s next Multi-Annual Financial Framework (MFF) must reflect the commitment the EU has made to decarbonise its economy, in line with the aims of the Paris Agreement. Strong overall coherence to ensure that funds are spent in targeted and intelligent ways is the key to its success, writes Jonathan Gaventa.

A two-speed approach to sustainable finance?

Europe is quickly adopting an imbalanced, two-speed approach to sustainable finance, in which the "green" is moving much faster than the "social". Eleni Choidas look into whether it is even possible to have one without the other.
Climate change 08-03-2018

Why the EU’s first post-Brexit budget must prioritise investment in climate action

Reflecting on the next EU budget post-Brexit, Eliot Whittington explains why now is the time for the EU to show leadership and unity to drive climate action and make a net-zero carbon economy the new normal.

AI: The future of renewable energy investment

Companies like Google and Amazon, as well as investment funds, are pouring millions of dollars into renewable energy. The use of predictive management tools and Artificial Intelligence is becoming more and more common in this process, writes Rodrigo Villamizar.

On finance, ‘Think Sustainability First’

‘Think Sustainability First’ must be a principle that guides financial policymaking through this decade and the next if Europe is to have the means to match its global ambitions, writes Arlene McCarthy.
Electricity 10-01-2018

To finance the energy transition, EU leaders must restore their ambition

The investment case for low-carbon energy is strong: increased economic growth and jobs, reduced transition risks, and the most cost-effective pathway to realising the goals of the Paris Agreement. Why, then, are EU energy ministers so reluctant to provide the legislative framework required to shift the trillions? writes Stephanie Pfeifer.
Climate change 12-12-2017

Room for hope at Macron’s One Planet Summit

French President Emmanuel Macron will this week welcome over 50 leaders from around the world, two years after the adoption of the Paris Agreement. Leaders and international financial institutions must seize this opportunity to ramp up their ambition and end support for fossil fuels, writes Maeve McLynn.

Sustainable finance requires a change in incentives

Hurricane Harvey’s trail of carnage through Houston, the oil capital of the US, was a stark reminder of the effect that climate change can have on our economy, writes Peter Blom.

Opening new frontiers in green finance

What do Islamic investors and EU bureaucrats have in common? Both have entered the green bond market this summer, explain Harald Lund and Elisabeth Lannoo.

Climate change is everyone’s business – the ECB is no exception

Whilst the European Union is firmly committed to joining the fight against climate change and developing sustainable finance, the significance of the role the European Central Bank can play is being overlooked, write Ludovic Suttor-Sorel and Frank van Lerven.

How EU can end corporate short-termism and create sustainable financial system

The notion of corporate governance must be revised to protect us from short-term shareholder interests and ensure we make the long-term investments vital to our future, argues Filip Gregor.

The Capital Markets Union can deliver Europe a sustainable future

The European Commission’s mid-term review of the Capital Markets Union Action Plan shows it is serious about sustainable finance, but more remains to be done, write Christian Thimann and Steve Waygood.

Time for Europe’s financial community to join the climate fight

Although many lessons have been learnt since the global crisis, the financial system is still not fit for purpose, in one crucial respect, warns Arlene McCarthy.

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