Arbeitspapier

Current developments in green finance

The transformation of economies towards significantly reduced CO2 consumption raises high investment and capital requirements. Financial and capital markets can help to mobilize the necessary funds for global investment needs and to steer capital towards sustainable investments. Moreover, potential disruptive impacts of climate change on the financial system have started to become more apparent recently and require central banks, regulators and supervisors to take a conscious look at the risks and opportunities of climate change for financial intermediaries and markets. This article offers a comprehensive discussion on how green finance has been evolving thus far and explores the opportunities and key developments ahead with particular emphasis on four selected highly topical issues: 1) the introduction of German green government bonds, 2) obstacles to the correct pricing of climate-related risks, 3) the EU taxonomy that has recently been put forward to develop a uniform classification of sustainable economic activities as well as 4) the role of central banks in fostering the transition to a low-carbon economy.

Sprache
Englisch

Erschienen in
Series: Arbeitspapier ; No. 05/2020

Klassifikation
Wirtschaft
Thema
Klimapolitik
Finanzierung
Klimawandel
Finanzsektor
Öffentliche Anleihe
Finanzmarkt
Risiko
Bewertung
Klassifikation
Geldpolitik
Zentralbank

Ereignis
Geistige Schöpfung
(wer)
Liebich, Lena
Nöh, Lukas
Rutkowski, Felix
Schwarz, Milena
Ereignis
Veröffentlichung
(wer)
Sachverständigenrat zur Begutachtung der Gesamtwirtschaftlichen Entwicklung
(wo)
Wiesbaden
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Liebich, Lena
  • Nöh, Lukas
  • Rutkowski, Felix
  • Schwarz, Milena
  • Sachverständigenrat zur Begutachtung der Gesamtwirtschaftlichen Entwicklung

Entstanden

  • 2020

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