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Sustainable financing will change the lending and insurance market

Since July 2020 Regulations on sustainable financing will be introduced.

Since July 2020 Regulations on sustainable financing will be introduced.

This will entail restrictions on companies' access to sources of capital.

Europe from 2015 implement the Paris Agreement, which has set out the directions for nature-friendly activities in the area of the economy.

Since July 2020 Regulations on sustainable financing will be introduced. This will entail restrictions on companies' access to sources of capital.

Europe from 2015 implement the Paris Agreement, which has set out the directions for nature-friendly activities in the area of the economy.

one The financial sector's contribution to combating climate change and implementing the regulation of the agreement, inter alia by checking eco-indicators for potential borrowers or policyholders, is important.

This is to be done by a new category of regulation, including EU climate transition indicators and benchmarks adapted to the Paris Agreement (including the low-carbon benchmark). first Member States are to determine to 2022, they reduce the carbon footprint of the standard investment portfolio.

second only those elements that contribute to the main objective of the agreement, i.e. to reduce temperature increases to 2°C, and if necessary to 1.5 °C.

Initially, the changes will include the need to report on environmental measures without mandatory adaptation to restrictions.

Author: Katarzyna Kołbuś - Editor leading RB Magazine. From Over 10 years related to the industry press, including the Financial Gazette and the ipip.com.pl portal, which is devoted to finance, taxation, law, politics and the economy. She graduated from Polish philology at the UMCS and the linguistic text editing at the University of Warsaw

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