Featured in Connected to quality – 04-2020

Greening finance

The world is watching to see whether signatories to the Paris Agreement can increase emission reduction targets to match the 1.5°C goal. While Covid-19 and oil shocks rock the markets and delay negotiations, if the financial community is given the correct information, tools and frameworks to shift its focus, the transition to a low carbon greener future may yet be assured. Felicia Jackson in London explores the implications of the EU’s Climate Law and the Green Deal that it promotes.

By

pv magazine

06 Apr 2020

Image: European Parliament/ CC-BY-4.0

The EU Climate Law will make net zero emissions by 2050 legally binding. It has also proposed upping 2030 targets to 50% emissions reduction or more. Nancy Saich, chief climate change expert at the European Investment Bank (EIB), says this marks the first time a major economy has released plans in line with the recommendations …

Subscribe to get access to this content

Purchase a digital or print subscription to read this article in full. Choose the best subscription for you.