Following the success of a new global climate agreement at COP21 in Paris, attention is now focusing on practical measures to mobilise the trillions necessary to deliver the transition to a low-carbon, green economy.
This year holds out the promise of being the “year of green finance”. China has established a Green Finance Study Group in the G20 to be co-chaired by the People’s Bank of China and the Bank of England, with UNEP acting as secretariat. Many other countries are driving forward progress at national and global scales.
The United Nations Environment Programme’s Inquiry into the Design of a Sustainable Financial System (UNEP Inquiry) is organizing two events in London and Washington D.C. to discuss its findings and the historic opportunities going forward.
Senior policy makers and economists from the Bank of England, China and the City are meeting on Thursday this week to discuss ways to ensure that 2016 is “the year of Green Finance”.
Peer-peer investment firm Abundance has supported 16 projects and raised nearly £15m in Green Finance from individual investors from the UK and Europe.
Bruce Davis, Cofounder and Joint Managing Director, who is attending the conference said: “When the leaders of 195 countries stand up and put their name to an agreement to make renewable energy the dominant energy source for the world, the world of finance wakes up.
“Abundance was a pioneer of the Green Finance revolution which last year saw the launch of the world’s first 100% renewable energy pension and this year will see Green Finance being raised via the Innovative Finance ISA. Green Finance is a ‘win win’, economically and environmentally. Let’s hope that the UK government follows the lead of the City and wakes up to the opportunity to rebalance the UK economy, drive sustainable exports and diversify our money into productive investments.”
Like our Facebook Page
Solar-Powered Solutions for Lowering City Infrastructure Carbon Footprint
How to Prioritize Sustainability When Studying Abroad
EHS Management is Making the Construction Industry Greener
Best Sustainable Practices in the Construction Industry in 2024
Comparing Renewable Energy: Solar Power, Wind, Hydro & Bio
Maximizing Home Efficiency: The Renewable Way
10 Easy Ways To Make Your Home More Eco-Friendly
Energy Management Mastery: 4 Tips for Green Property Owners
Wonderful Ways to Make Your University Lifestyle Greener
How Construction Companies Can Ensure Sustainable Practices
The Coming Social & Environmental Challenges of eCommerce
Insider Tips for an Eco-Friendly Dubai Vacation in 2024
How You Can Cool Your Home Without Warming the Planet
Polythene Bags and Food Safety: Crucial Role in Food Packaging
Solo Eco-Tourism Misconceptions That Need To Be Debunked
How Can Field Service Companies Reduce Their Carbon Footprint?
5 Tips for Creating a Sustainable Living Space
Embracing Sustainability: 7 Tips for Eco-Friendly Shopping
Crypto Market Makers Are Becoming More Eco-Friendly
Eco-Friendly Benefits of Energy Efficient Mortgages
- Features8 months ago
What is the Eco-Friendliest Option to Wash Your Dishes?
- Environment12 months ago
6 Home Improvements You Can Make to Help the Environment
- Editors Choice11 months ago
7 Tips to Minimize the Negative Impact Businesses Have on the Environment
- Environment12 months ago
The Truth About The Environmental Impact of Dogs