News from 2017-12-04 / KfW Research
Green finance – green banking
The challenges for achieving the UN Sustainable Development Goals and the Paris climate targets are enormous and also apply to the finance sector. Credit institutions should examine whether they are appropriately positioned in light of the long-term risks of climate change, as well as the opportunities potentially arising from ambitious climate policy. Ultimately, however, climate-policy measures aimed at the banking sector cannot be a substitute for targeted climate policy in the sectors originally responsible for greenhouse gas emissions.
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