Sustainable finance

Sustainable finance

We need substantial investments to reduce our economic activities' impacts on the environment and climate. Sustainable finance is about making sustainability considerations an integral part of financial policy and decision-making with the aim to re-orient and scale up public and private investments towards meeting sustainability goals.

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Title Sustainable finance
Description We need substantial investments to reduce our economic activities' impacts on the environment and climate. Sustainable finance is about making sustainability considerations an integral part of financial policy and decision-making with the aim to re-orient and scale up public and private investments towards meeting sustainability goals.
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Creators fullname jaeglmar
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Severe droughts caused a 3% annual productivity loss in affected areas from 2000-2019. Forest fires coinciding with record droughts and heatwaves affected central and northern Europe regions that are not typically prone to fires. Soil moisture in the growing season was several times below the long-term average in the EEA member countries plus the UK from 2000-2019.", "value": [ { "children": [ { "children": [ { "children": [ { "text": "Arctic sea ice declined on average 76,000 km" }, { "sup": true, "text": "2" }, { "text": "\u202fin summer and 32,000 km" }, { "sup": true, "text": "2" }, { "text": " in winter annually since 1979, increasing coastal erosion and elevating storm surges. 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Another example is the " }, { "children": [ { "text": "European green bond standard" } ], "data": { "url": "https://finance.ec.europa.eu/sustainable-finance/tools-and-standards/european-green-bond-standard_en" }, "type": "link" }, { "text": " that aims at encouraging market participants to issue & invest in EU green bonds. \r" } ], "type": "li" }, { "children": [ { "text": "The EU Commission adopted technical standards to be used by financial market participants when disclosing sustainability-related information under the " }, { "children": [ { "text": "Sustainable Finance Disclosures Regulation" } ], "data": { "url": "https://finance.ec.europa.eu/sustainable-finance/disclosures/sustainability-related-disclosure-financial-services-sector_en" }, "type": "link" }, { "text": " (SFDR). \r" } ], "type": "li" }, { "children": [ { "text": "It is vital to have a common language and a clear definition of what is \u2018sustainable\u2019. This is why the " }, { "children": [ { "text": "action plan on financing sustainable growth" } ], "data": { "url": "https://finance.ec.europa.eu/publications/renewed-sustainable-finance-strategy-and-implementation-action-plan-financing-sustainable-growth_en" }, "type": "link" }, { "text": " called for the creation of an \u201c" }, { "children": [ { "text": "EU taxonomy for sustainable activities" } ], "data": { "url": "https://finance.ec.europa.eu/sustainable-finance/tools-and-standards/eu-taxonomy-sustainable-activities_en" }, "type": "link" }, { "text": "\u201d.\r" } ], "type": "li" } ], "type": "ol" } ] }, "b37851ad-5de1-4efb-adbf-7296ba6cfccb": { "@type": "slate", "plaintext": "The EU has come up with a sustainable finance policy that will be key for mobilizing, scaling up and channeling private investment in more sustainable technologies and businesses and for financing economic growth in a sustainable manner in the long term. 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Short name sustainable-finance
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Topics Sustainable finance
Temporal coverage {}
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Contents
Unlocking finance and investments in nature

The success of the Kunming-Montreal Global Biodiversity Framework, agreed upon at COP15 in December 2022, will depend on actions taken by governments, financial institutions and corporates ( CBD, 2022 ). While this agreement is a milestone, its impact could be limited unless there is a significant increase in finance and investments that benefit nature, and unless biodiversity is considered in decision-making processes in key institutions. This page presents outcomes from an event co-hosted by the European Investment Bank (EIB) and the EEA at COP15 on risk, return and the role of data in unlocking investments which support nature.