Climate Bonds Blog
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.
1. The just transition is an imperative, this is now the consensus.