The journey toward net zero in Europe has already begun with a host of EU sustainable finance regulations and policies – we are on the right track. The question now is, can we move fast enough?
This week, the MEP Paul Tang hosted Climate Bonds Connect 2024 in Brussels at the European Parliament. The event brought together sustainable finance leaders, industry experts, and policymakers to discuss how Europe can meet the challenge of climate change and transition to a net zero future.
I hope you had a happy New Year.
In London, today is the first working Monday of the year; this is just a short note to welcome you to that year.
For me, 2023 was a little sobering. It became clear that climate change impacts have really started — fires, heat, floods, storms, and more. The mission we have is now to avert catastrophic climate change; and the IPCC has been very clear that the window to act is very tight.
But despite that reality, I’m actually full of hope for 2024.
For a start:
1. Capital is flowing to climate action in greater volume, at greater speed, than ever.
Join us in Sowing the Seeds of a Climate-Secure and Biodiverse Future:
Financial Markets, Take Root, and Pay Heed!
The Climate Bonds Initiative announces the Public Consultation of the Criteria for
“Deforestation and Conversion-Free Sourcing by Agri-Food Entities"
1. The just transition is an imperative, this is now the consensus.
In a significant development for the green investment landscape, the Climate Bonds Initiative is pleased to announce the expansion of its certification criteria from Hydrogen Production to encompass Hydrogen Delivery Infrastructure. This broadening aligns with the Paris Agreement's objectives and is in line with the EU Taxonomy, reinforcing our commitment to fostering sustainable investment in the hydrogen sector.
