REORIENTING CAPITAL FLOWS TO LOW-CARBON AND SUSTAINABLE ACTIVITIES

EDF and the Parliament Magazine will be holding a parliamentary lunch discussion, focused on sustainable finance as a support to EU actions for climate and sustainable development.

This exchange will focus on the crucial need of an EU framework to reorient capital flows towards a more sustainable economy and to take appropriate measures to tackle climate risk.

According to a recent study from the EIB, Europe must close a yearly overall investment gap of EUR 270 billion. Those investments are urgently needed to deliver on climate, environmental and social sustainability goals and notably the Paris Agreement and the UN Sustainable Development Goals. Finance should work as a catalyst for long-term innovation and enable for immediate deployment of the best available solutions for decarbonising the economy.                                                                       

The objective is to explore the best ways for Europe to improve the contribution of finance to sustainable and long-term growth and to strengthen financial stability by incorporating environmental, social and governance factors into investment decision. Urgent action is needed to adapt the European framework to tackle sustainability and the transition to a low-carbon economy.

Our speakers include: 

• Anne Sander MEP (EPP, France)
• Lieve Wierinck MEP (ALDE, Belgium)
• Sven Fentner, Head of Asset Management Unit in DG FISMA, European Commission
• Claude Nahon, Senior Vice-President for Sustainable Development, EDF Group
• Sylvain Vaston, Group Sustainability Officer, AXA Group

The debate will be moderated by Veronika Milewski, Senior Advisor at EDF European Affairs.

All publically available information HERE

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