“Green finance: Risk and opportunity”
The financial sector must quickly incorporate risks and opportunities arising from the global move to a low-carbon economy into their strategies, write German and French central bankers Andreas Dombret and Anne Le Lorier in a guest article for Handelsblatt Global. This presented a challenge, as “firstly, it concerns a long-term development whose outcome remains uncertain. Secondly, historical data is of little use in projections. And thirdly, the whole process is politically influenced to a high degree, adding still greater uncertainty”, write Dombret and Le Lorier.
Read the guest article (behind paywall) in English here.