“The Energiewende arrives at the financial markets”
Deutschlandfunk
With cities, municipalities, foundations and companies divesting from fossil fuels and more “green investment” possibilities, the financial sector is rethinking its approach to environmental protection and sustainability on the one hand, and to financial gains on the other, writes Dieter Nürnberger for Deutschlandfunk. Sustainability can be profitable because it is "future-proof", said Axel Weber, Chairman of the Board of Directors at Swiss UBS Group AG at an event organised by the Potsdam Institute for Climate Impact Research (PIK) and others in Berlin last week.
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