There is an immediate need to show to the public the blueprint of a new fiscal structure for the country. III.
The available evidence suggests that banks need to speed up their efforts on sustainability, but that change is indeed happening.6 Banks committed to ESG principles, such as those adhering to the Net-Zero Banking Alliance, or to the Science-Based Target initiative (SBTi),7 appear to be redirecting financial resources from brown to green firms.8 Overall, the results of these efforts are mixed, but hopefully the mechanisms will gradually improve.