The European Union’s aim to become carbon neutral by 2050 is a long way off, but what will be the role of finance in helping to achieve the target over the next 30 years?
These and other related questions were examined by Charlene Cranny of the European Sustainable Investment Forum (Eurosif), who wrote in our latest Association Column.
Cranny argues that, while 2020 will ultimately be defined by Covid-19, it is also the year the European transition to net-zero became “unstoppable”, in part due to “staggering” first-mover commitments made this year in the aviation and oil and gas sectors.
She also argues that 2019 was an extraordinary year for net-zero emissions commitments, with the UK becoming the first major economy to embed a net-zero target into its legislature.
The full article is here.
