It’s high time to reset the relationship between finance and the real economy. It’s the job of the public and private finances to get behind the transition to a sustainable and resilient future for all.
The green transition is not only an urgent existential imperative but also a significant commercial opportunity. Seizing this opportunity will steer job creation and even accelerate the return to growth. Banks – in collaboration with their clients and investors – play a pivotal role in navigating the transition to a low-carbon, sustainable economy.
Financing climate-friendly power plants, and facilitating social investments in the context of hospitals and schools, or even providing preferential pricing to companies that want to achieve ambitious sustainability targets is what sustainable finance is all about and it is a market that has been thriving tremendously. The Covid-19 pandemic has put even greater emphasis on sustainable development and their related investments and re-financing measures for corporates. Deutsche Bank wants to reach at least 200 billion euros in sustainable financing and investing by 2025. But for now, there is a rigid financing gap between net zero ambitions and reality.
Sustainable finance will make a Big Difference in addressing climate change risk if it becomes huge and fast enough to make an impact and is embraced globally.
Group Futurista's 'Future of Sustainable Finance' summit is aiming to close this gap, our objective is to mobilize capital by converting momentum into action. We're here to make people understand the dire need for Sustainable Finance and why many leading Financial Institutions are adapting to the new changes.
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