The field of sustainable finance is on the rise, as governments and decision-makers realize the imperative need to invest in climate change mitigation and adaptation, and the private sector wakes up to green investment opportunities. But what do those working in the sector make of this progress?
Carbon markets, in particular, have come into strong focus in recent years as a mechanism by which to reduce emissions through trade. But the potential loopholes and risks that improperly regulated carbon markets present are as noteworthy as their benefits, causing experts in the sector to advocate for certain mechanisms to be put in place to ensure emissions trading doesn’t become a means of harmful greenwashing.
Here, at COP26, Landscape News caught up with Nathalie Roth, founder and manager of environmental consulting firm 4Climate, and Moritz von Unger, policy director at advising group Silvestrum Climate Associates, to hear about what crucial decisions have and have yet to be made on carbon markets, what the private sector is getting right, the role of NGOs in sustainable finance and more.
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The Luxembourg Sustainable Finance Initiative (LSFI) will promote investment solutions for a global economic transition.
Of USD 30 billion, negligible amounts reach Indigenous communities managing nearly half the world’s non-Antarctic land, report finds.
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