Over 15 trillion euros to be invested… The volume of green bonds and products is rapidly growing. Think about investments in renewable energy. To achieve the EU’s 2030 goals of the Paris Climate agreement, including a 40% cut in greenhouse gas emissions, we need to bridge an investment gap of 180 billion EUR per year.
We should be able to achieve this with the collective volume of investments we have in this room today. A higher allocation to green investments could slow the rate of climate change. This also serves to decrease the risk on the liability-side. But, again, we need to keep asking ourselves: Are we doing enough to lower risk?