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European Financial Services Round Table
 





Thursday, June 30, 2016
EFR letter regarding the next steps on Green Finance
The European Financial Services Round Table (EFR) has written a letter regarding the EFR contribution to the next steps on Green Finance (post Paris Agreement) to the main EU policymakers who are key to tackling climate change.

The European Financial Services Round making finance flows consistent with a pathway towards low greenhouse gas emissions and climate resilient development' and recognising the role that insurance and the financial industry in general play in tackling the loss and damage associated with climate change impacts.

After signing the Agreement on 22 April 2016 in New York, it is now time for Europe to turn to delivery. The financial sector is ready, willing and able to play an important role.

There are four key areas we see where EU action can help manage this transition:
1. Strategic vision and enhanced co-operation with the private sector
2. Unlocking Green Finance
3. Understanding the risks
4. Increasing transparency