Combatting Climate Change And Promoting Sustainability With Sustainable Finance

Sustainability has long been a hot topic. Sustainable finance means business activities within the financial sector that promote sustainable development goals. As the name implies, it usually refers to loan financing or investing that takes environmental and social considerations into account.

Sustainable finance plays a key role in mitigating climate change and promoting sustainability. Achieving the climate targets set by the EU will require allocating funds into environmentally friendly initiatives efficiently with a long-term perspective, and the financial market has started to act upon these challenges.

To combat climate change and to finance initiatives mitigating its impact, the financial market has introduced various forms of sustainable finance.