Investors demand binding EU measures to shield from climate risks

Euractiv | Sep 20, 2019 at 11:57 AM
  • Increasing numbers of investors are making their investment decisions based on climate risks and whether investments are sustainable.
  • The EU Commission commissioned a High-Level Expert Group on Sustainable Finance (HLEG) to work out ways to mobilise private capital and steer the European financial system towards sustainability.
  • Only uniform standards can mobilise enough capital to achieve the Paris Agreement’s climate targets.