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.
The European Commission unveiled on Thursday (8 March) its highly expected action plan on sustainable finance, aiming to clarify what can be labelled as "green" investment and potentially lowering capital requirements on asset holders.
A high-level expert group released on Wednesday (31 January) a report to help guide the European Commission in its quest to make the EU's economy sustainable. One of the members of the group explained some of the detail in an interview with EURACTIV.com.
At the COP23 summit in Bonn, Luxembourg's finance and environment ministers joined with directors of the European Investment Bank to launch a de-risking mechanism that will allow financing of climate-friendly projects.
The high-level group on sustainable finance proposed on Tuesday (18 July) a new platform to match capital and green projects, as the Juncker Plan did not develop the 'big pipeline' that was expected to unlock the money resting in the pockets of big investors.
France today (3 January) launched its first green bonds, becoming only the second country to do so, after Poland. But the absence of international standards has raised questions at the European Commission. EURACTIV France reports.
The Paris climate agreement was historic. Some 177 nations signed the Paris treaty to limit warming to at least 2°C above pre-industrial levels by 2100. Yet the question remains – are countries clear on how they will get there? asks Dr Lini Wollenberg.