BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//6.6.4.4//EN TZID:Europe/Brussels X-WR-TIMEZONE:Europe/Brussels BEGIN:VEVENT UID:55@clubofrome.org DTSTART;TZID=Europe/Zurich:20231114T130000 DTEND;TZID=Europe/Zurich:20231114T164000 DTSTAMP:20231102T103033Z URL:https://www.clubofrome.org/events/decade-of-sustainable-finance/ SUMMARY:The decade of sustainable finance DESCRIPTION:The EU’s sustainable finance agenda took off in 2018 with the publication of the High-Level Expert Group Report on Sustainable Finance\ , initiating the decade of sustainable finance. Five years later\, it is t ime to evaluate. What are the lessons learned of the previous five years? And what should the next Commission do to achieve a sustainable financial market by the end of its mandate?\n\nSustainable finance is still a work i n progress\, as can be seen by growing international criticism. While some fear it stifles innovation and creates a system of woke capitalism\, othe rs deem sustainable finance a distraction without a significant effect on climate change. EU action has been instrumental in creating a mature globa l market\, yet challenges remain. While the Sustainable Finance Disclosure Regulation was a big step forward\, the lack of clear minimum standards f or sustainable funds has led to accusations of greenwashing. Further\, the EU Taxonomy’s focus on "being green" has led to divisive debates\, whic h a bigger focus on "becoming green" through transition finance could help deflate. Lastly\, an excessive focus on environmental sustainability migh t undermine efforts to create a just transition that citizens support.\n\n A good moment to evaluate: What is the reason we embarked on this challeng e? And are we focusing our energy on the right aspects? Are we doing enoug h to make financial markets a real engine for sustainable growth\, particu larly in the context of what may very well be remembered as the decade of sustainable finance\, or are we creating fee-generating business models fo r the financial sector?\n\nTo address these questions and stimulate the de bate on sustainable finance\, this half-time evaluation will bring togethe r politicians\, regulators\, NGOs\, and industry. With all cards of the cu rrent Commission on the table\, including the recent communication on tran sition finance\, we can move to the next phase in the sustainable finance agenda. With a focus not just on defining what is green\, but on helping c ompanies actually become green. And to extend the EU’s sustainable finan ce agenda to the full scale of ESG considerations.\n\nSandrine Dixson-Decl ève\, Co-President of The Club of Rome\, will join one of the panels to d iscuss  Social sustainability – Keeping the S in ESG\,' along with othe r prominent experts:\n\n Petra Hielkema\, Chair\, European Insurance and Occupational Pensions Authority\n Antje Schneeweiss\, General Secretary o f the working group of church investors of the Protestant Church of German y\n Benoît van den Hove\, CEO\, Euronext Brussels &\; member of Manag ement Board\, Euronext Group\n Kathryn Carlson\, Financial Services Corre spondent Europe\, Mlex\n\nExplore the program and list of speakers for eac h panel here. ATTACH;FMTTYPE=image/jpeg:https://www.clubofrome.org/wp-content/uploads/20 23/10/Cover_Illustration-1-1086x1536-1-e1698753531967.png CATEGORIES:Emerging New Civilisations END:VEVENT BEGIN:VTIMEZONE TZID:Europe/Zurich X-LIC-LOCATION:Europe/Zurich BEGIN:STANDARD DTSTART:20231029T020000 TZOFFSETFROM:+0200 TZOFFSETTO:+0100 TZNAME:CET END:STANDARD END:VTIMEZONE END:VCALENDAR