Tax regime for financial instruments remains one of the key drivers of investor interest;  v.  Development of the market mechanisms and infrastructure can at best be an enabling factor – not the driving factor;  vi. Fiscal consolidation leading to lower sovereign borrowings can enhance the demand for corporate bonds;  vii.
Indeed, finding ways to foster appropriate green and sustainable finance to invest in the crucial fight against climate change has been one of the key priorities of the Italian Presidency of the G20 this year. The urgency of acting to stop climate change and of mitigating its consequences is plain to see.