Financial instruments to manage the opportunities of climate change
Climate Finance or Sustainable Finance must be considered as an essential tool to accelerate action on the climate, effectively manage the risks and opportunities associated with climate change, call for taking a leading role in supporting this process.
Sustainable finance, in terms of "SRI" (Sustainable and Responsible Investment) includes investments that, in a long-term perspective, integrate environmental, social and governance criteria (ESG).
Strengthening the role of finance in realizing an efficient economy that also achieves environmental and social objectives is one of the objectives set by the European Community.With the first action plan on sustainable finance, which will implement a unified system (taxonomy) to provide clarity and guidance on the activities to be considered "sustainable" and useful for climate change mitigation, Europe is committed to promote a more sustainable and responsible society and a low-carbon economy.
Confidence in climate objectives and the use of Sustainable Finance to tackle climate change is fundamental. By bringing sustainable financial instruments closer to businesses, the private sector can help raise global awareness of climate change.
