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A Sustainable Finance Plan for the European Union
Report

A Sustainable Finance Plan for the European Union

E3G, 2016

автоматическое преобразование текста в аудио
автоматическое преобразование текста в аудио

Editorial Rating

9

Qualities

  • Analytical
  • Innovative
  • Eye Opening

Recommendation

Social inequality, excessive public indebtedness and high unemployment plague the European Union. In 2016, the European Commission launched a program of sustainable finance to support remedies for these quandaries and to return the EU to a prosperous path. According to researchers Ingrid Holmes and Sam Maule, the finance plan should focus on investment practices supporting infrastructure, solutions to environmental and social dilemmas, and greater climate risk disclosure. This framing could be the EU’s salvation. getAbstract recommends Holmes and Maule’s perceptive report – written for the policy maker yet accessible to the generalist – for its stirring call to action.

Summary

The European Union’s recession has marred its economic, social and environmental leadership. Years of high unemployment, crushing debt and growing social inequality have made the region less desirable for investment and development. EU officials are attempting to address these issues through a series of policy initiatives. The European Commission (EC) suggests doubling the financial capacity of the European Fund for Strategic Investment (EFSI) so it can invest €500 billion [$570 billion] by 2020. Some 40% of that amount would focus on climate risk reduction. ...

About the Authors

Ingrid Holmes and Sam Maule work for E3G, a climate risk and energy policy think tank.


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