Transition finance and the three sustainable finance revolutions - BNP Paribas CIB
 
Thursday 03 October 2019

Sustainable finance isn't just green finance – it's also transition finance, for 'brown' sectors that must become less so to preserve the environment.


In the first of a two-part series in Environmental Finance, Hervé Duteil, BNP Paribas' Chief Sustainability Officer for the Americas, writes about the benefit for society of extending financial and extra-financial advantages traditionally offered for 'green' use of proceeds to 'brown' sectors. These sectors have a key role to play in keeping global warming at less than 2°C above pre-industrial levels, and in creating a climate-neutral, circular and resource-efficient economy.

What is 'transition' finance – and why is it becoming so important? How can sectors whose growth largely depends on environmentally harmful forms of activity be included under the 'sustainable' umbrella? And how does this fit in with the three revolutions that sustainable finance has been undergoing?





1
4
0
4
 
 

Give us your feedback

Please validate CAPTCHA.

RELATED ARTICLES
momentum-building-on-uk-economy-transition

Our experts joined TheCityUK's 2020 conference to unpack the latest developments propelling the UK economy's transition towards net zero.

accelerating-green-financing-in-the-automobile-market
The association of green and sustainable financing with the auto sector may seem unlikely,...
The association of green and sustainable financing with the auto sector may seem unlikely, but is a growing reality.
cmpc-raises-the-bar-for-sustainable-finance-in-chile
Learn how one of Chile's largest corporates is using its first Sustainability-Linked RCF to align its...
Learn how one of Chile's largest corporates is using its first Sustainability-Linked RCF to align its financing with corporate...
mobilising-finance-on-the-road-towards-cop26
The Green Horizon Summit has served as the launchpad for COP26, bringing together global leaders to tackle...
The Green Horizon Summit has served as the launchpad for COP26, bringing together global leaders to tackle climate change...
bnp-paribas-named-latin-america-s-best-bank-for-sustainable-finance
LatinFinance recognises the Bank's leadership and product innovation in the region
LatinFinance recognises the Bank's leadership and product innovation in the region
close
{POPUP_CONTENT}