Green finance

Juncker Commission stalls EU climate bank in starting blocks

While the European Investment Bank is making efforts to end fossil fuel funding, the Juncker Commission is doing its best to frustrate it – and to undermine Ursula von der Leyen, writes WWF’s Sébastien Godinot.

Why we should back the EIB on ambitious energy policy

As part of putting the Paris Agreement into action, the EU and its Member States should back the European Investment Bank’s proposal to cease fossil investments, writes Sir Graham Watson.

Sustainable finance drive can help address EU’s political challenges

Sustainability and inclusivity have correctly been placed as guiding principles for Europe’s finance policy. The next few months – with decisions on the EIB and the start of a new European Commission – will be decisive in order to put those principles into action, write Tom Jess and Sandrine Dixon-Declève.

European Green Deal calls for a green EU budget

Torn between the cuts caused by Brexit and the investments that the European Green Deal requires, negotiations over the next EU budget after 2020 are getting tough. The EU must not, however, pass on the challenge and use 40% of its funds to support climate action, writes Markus Trilling.

Human rights and green finance: friends or foes?

Policymakers currently discussing a 'taxonomy' for sustainable finance products at EU level often argue that the proposal already includes social and human rights safeguards. This is not true in the least, warn Eleni Choidas, Lis Cunha and Rachel Owens.

Will Germany block the EU’s sustainable finance drive?

The EU is currently finalising a “taxonomy” aimed at shifting financial flows towards sustainable assets. However, Germany is leading a group of countries trying to muddy the waters by removing the disclosure requirement, writes Sébastien Godinot.

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.

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