Greenwashing could harm transition to net zero economy
Friday 1 October 2021 – Vol.12 Ed.39.5
Commentary: Banca d’Italia’s Visco hits out at ‘greenwashing’
By OMFIF editors
Ignazio Visco, the central banker leading G20 efforts to improve world economic co-ordination, has hit out strongly against ‘greenwashing’. Visco queried whether the massive growth in ‘sustainable finance’ was sustainable in view of the urgent need to close data gaps. He hinted at a concerted push by central banks to help improve misleading data that could prove fatal to sustainable finance campaigns across the world.
Read the full commentary on the website.
Meeting: Building sterling as a world-leading green bond market
Monday 11 October, 13:00-17:05 BST
This high-level, half-day event reviews the issuance of the UK government’s first green sovereign bond, the future of the sterling green bond market and how biodiversity can be incorporated into investment decisions. The meeting also discusses what metrics are needed to support investment decisions, implications of developing a green yield curve, investor appetite and the innovative UK green gilt taxonomy.
Register to attend here.