Recent calls to action to address critical loss of biodiversity are both long overdue and very welcome, but a parallel debate on the ‘how’ is missing. Yet the ‘how’ is arguably as important as the headline objective. The ‘how’ is also in the process of changing drastically with the promotion of new financial markets on …
Green Finance Observatory’s comments on the draft criteria proposal for the product scope and ecological criteria
Please find below GFO's comments on the draft criteria proposal for the product scope and ecological criteria (Draft Ecolabel for Retail Financial Products). Only the questions that are relevant to GFO are reproduced here. Comments on the Draft criteria proposal for the product scope and ecological criteria
First policy report – 50 shades of green: the rise of natural capital markets and sustainable finance
Carbon markets have spectaculary failed to curb greenhouse gas emissions for over a decade, and it has been demonstrated that they suffer from unresolvable conceptual issues, such as the inexistence of a reliable price signal. As a result, they will never work and should be abandoned. Once carbon becomes an asset class for investors, it …