Over the years, the issue of environmental degradation and its undesirable consequences (such as pollution) have negatively impacted our planet. The concept of Sustainable Finance is about financing the transition to a resilient and climate neutral economy. This is done by channelling money towards activities which do not continue to cause this harm. In other words, the goal of sustainable finance is to promote economic development while also positively contributing towards environmental and social issues.
However, this target would not be possible without the involvement of financial institutions, such as banks, investment services providers and insurance companies, who play an important role in channelling investors’ money towards financial green products.
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