By Samuel ISENSCHMID and Arnd HEßELER, zeb consulting*
When almost all countries signed the landmark Paris Agreement in 2015, sustainable finance or sustainability at large was not yet a big issue in the financial system. Today, it is clear that politics, economy and society must contribute to more sustainable development of our planet. Sustainable finance is an integral part of the real economy and the financial markets.
Currently, however, the rules on the concept of sustainability are still inconsistent and do not protect against greenwashing. Read below how the Sustainable Finance Roadmap can help ESMA tackle greenwashing!
Sustainable finance: challenges
Inconsistent rules on...
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