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ARTICLE · 18 MAY 2023

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Going Green: How Malta's Economy Is Embracing Sustainability

In a recent speaking engagement, the Maltese Minister for the Environment, Energy and Enterprise, the Honourable Dr. Miriam Dalli, discussed the crucial role of the financial services sector...

MaltaStrategy

FINANCEMALTA

In a recent speaking engagement, the Maltese Minister for the Environment, Energy and Enterprise, the Honourable Dr. Miriam Dalli, discussed the crucial role of the financial services sector in Malta's ongoing transition to a 'green economy'. Dr. Dalli focused on a staggering EUR 24 billion reportedly laying idle in the form of local bank deposits and stressed that Maltese investors should be encouraged to direct this capital towards sustainable business ventures – such as, for instance, renewable energy projects.

Dr. Dalli's comments largely reflect her ministry's increasing efforts over the past months to make sure that sustainability firmly cements its place on the nation's political agenda. On a macro-level, back in December 2022, the Ministry for the Environment, Energy and Enterprise published Malta's ambitious Sustainable Development Strategy for 2050, which (amongst other strategic goals) identifies the transition towards a climate neutral,

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