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At the United Nations Climate Change Conference in Madrid the European Banking Federation today presents its recommendations on how banks’ support of the transition to a sustainable economy and a carbon neutral future can be further incentivized. The recommendations are part of a new EBF report titled ‘Encouraging and Rewarding Sustainability‘ that identifies how public-private cooperation can be leveraged to accelerate sustainable finance.
The EBF report outlines a number of concrete proposals to stimulate and contribute to the debate of the European institutions, regulators and banks on how to scale up sustainable activities, mobilize and redirect private financial flows to support such activities, develop new instruments and increase the number of eligible projects...
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