Despite the trending topic of green finance, obstacles remain to embedding climate concerns into global financial considerations.
Green finance is everywhere nowadays.
In fact, it’s considered by policymakers, NGOs, and businesses to be the key to addressing climate change and other environmental concerns. Even mainstream banks and investors are making traction on green finance.
But while green finance is the new trendy topic, it remains very marginalized in the grand scheme of things. The good news is that the financial markets are moving, and COVID-19 recovery packages offer a unique opportunity to accelerate the pace of change.
In fact, we may just very well be at a powerful tipping point for green finance.