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Sustainable Finance and its Sustainability

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  • Bernardo Melo Pimentel

    (NOVA SBE - NOVA - School of Business and Economics - NOVA - Universidade Nova de Lisboa = NOVA University Lisbon, ISEG - ISEG-Lisbon School of Economics and Management - ULISBOA - Universidade de Lisboa = University of Lisbon = Université de Lisbonne)

  • Guillermo Ramírez

    (ESCP Europe - Ecole Supérieure de Commerce de Paris)

Abstract

We describe how Sustainable Finance is understood in the European context, its current state, and its outlook. We argue that while the framework currently being developed to standardize our understanding of sustainable investments is absolutely necessary, it is also crucial for concrete laws and regulations to be created to incentivize actors in the financial markets to redirect funds from non-sustainable investments to sustainable alternatives.

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  • Bernardo Melo Pimentel & Guillermo Ramírez, 2021. "Sustainable Finance and its Sustainability," Post-Print hal-03286596, HAL.
    • Handle: RePEc:hal:journl:hal-03286596
    Note: View the original document on HAL open archive server: https://hal.science/hal-03286596
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