Managing Director BNP Paribas Investment Banking, International partnership for Nordic Fintechs
All sessions by Gustav Steuch:
Green Finance: The Data Challenge09:15 - 10:45
Green finance is all over the news and on everyone's tongues, but why does it seem so ambiguous when it gets down to the details and what is really "green"?
You will get some of the answers in this highly relevant session consisting of presentations, pitching and a panel. Improving the environment, mitigating climate change and encouraging efficient resource use are key to achieving the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement climate targets. According to the OECD, $2.5 trillion is required annually to finance these efforts.
The challenge to mobilize this magnitude of financing does not necessarily arise from the lack of financial resources. For investors, the most cited concerns are the ambiguity of what constitutes “green” investing and their inability to properly assess risks and returns of related investments, particularly climate risks. For governments, despite the efforts to develop green taxonomies, the greatest difficulty lies in the availability and quality of information and tailored applications for the evaluation of financial activities. Both investors and governments, therefore, need enabling tools to unleash the financing required for meeting the SDGs.
This is an important discussion you definitely do not want to miss.
This event is part of Copenhagen Fintech week. Get your ticket today!