The new EU sustainable finance agenda: Is a political choice to subsidize private finance rather than curb environmentally harmful activities. Relies on unrealistic sustainable growth assumptions. Is arguably not compatible with what science tells us we need to do in terms of timing and ambition. Might increase inequalities by obfuscating the trade-offs being made under …

Continue reading "Third policy report – 50 shades of green part. III: Sustainable finance 2.0"

The Green Finance Observatory welcomes today’s Green Deal. It contains many very welcome measures, including the plan to increase in EU climate targets to 50/55% by 2030, proposing more stringent air pollution emission standards for cars, aligning air quality standards with WHO guidelines, fostering energy efficiency and reforms to tackle waste. The Green Deal however …

Continue reading "EU Green Deal: the devil is in the (future) details"