ESG criteria: Should developers take notice?
Something is brewing in the financial world. “Sustainable finance” and the growth of ESG funds have been taking the market by storm in recent years. Since most major PV projects end up needing investors from the capital market, it is only a matter of time before they will have to adapt. The beginning of March 2021 saw a milestone reached in this process.
At depth, a wave may look flat. As it approaches the beach it gathers itself up, curls into a break, and then comes the crash and spray across the shoreline. EU Regulation 2019/2088, part of the sustainable finance process, is likely to play out in a similar way. Its title may appear innocuous: “Sustainability-related …
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