To create demand for sustainable finance, governments should integrate climate criteria into their procurement and in how they draft policies and regulations
An EU taxonomy to define green investments is expected to enter into force in 2021, but some experts want it to be used immediately to inform stimulus packages aimed at dealing with the social and economic fallout from the Covid-19 pandemic
Investors taking ESG issues into account are increasingly examining future scenarios, particularly around climate change
The best way to persuade treasuries and heads of state to put the environment and clean energy at the heart of packages aimed at stimulating economies after the coronavirus is to focus on debt-related risks, argues Brook Riley from Rockwool Group
The coronavirus is a deadly human tragedy, causing untold grief and pain. It is also rocking the world’s economies as people lose income and businesses struggle to stay afloat. Yet there are lessons to be learned for the climate crisis
The European Green Deal sets a clear, sustainable path for Europe to move forward from the economic and social impacts of Covid-19, speed up the energy transition and create jobs, says Julian Popov, Fellow at the European Climate Foundation and former Bulgarian Minister of the Environment
The EBRD is increasingly active across the whole of Southeast Europe, which remains highly reliant on coal, to move it to cleaner energy sources
Many believe the ECB and other central banks should bring climate considerations into the rulebook governing what they support and how
China has pledged to peak carbon emissions by 2030 at the latest, but its economic plan for 2021-2025 is expected to approve the building of more coal-powered plants
Despite the constant flood of bad news related to Covid-19, there are signs we are also witnessing unprecedented global dialogue, innovation and collaboration, offering hope that climate change and clean energy can be at the forefront of post-pandemic plans, says Mark Watts, Executive Director of C40 Cities
Politically there is broad support in Denmark for financing the green transition through taxes and a carbon emissions tax proposal has been welcomed by parties across the political spectrum, but industry opposition could ultimately quash the idea
The world’s development banks are funnelling ever-greater volumes of finance into clean energy — but the challenge of shifting entire economies away from climate-wrecking activity and towards actions that align investment goals with those of the Paris Agreement requires a more holistic approach
COVID-19 may have reduced emissions in the short-term, but much more needs to happen to slash fossil fuel use to meet climate targets
The UK is often cited as a leader in the transition to a clean energy economy, even though some British public money still flows to oil and fossil gas projects overseas
Europe is considering taking the bold step of introducing a border carbon adjustment tariff on goods imported from regions where carbon pricing is lacking, placing trade right in the middle of its climate ambitions