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Our 'Progressive Green Finance Strategy' for @UKLabour is out - with @YannisDafermos @M_Nikolaidi @Frank_vanlerven @AnnPettifor @michaelujacobs @SirBobKerslake ft.com/content/a8a6ca…
The Progressive Green Finance Strategy offers 11 recommendations to green banks & shadow banks in line with 2030 net zero ambitions, on 3 pillars:
1. Institutional architecture
2. Monetary and banking regulation
3. Shadow banking/market-based finance
labour.org.uk/wp-content/upl…
1. Institutional architecture
2. Monetary and banking regulation
3. Shadow banking/market-based finance
labour.org.uk/wp-content/upl…
Recommendation I: Develop a Green Public Taxonomy. Private ESG approaches open the door to greenwashing while TCFD risks disclosure cannot on their own power deep decarbonisation agendas.
