Launch of the Sustainable Finance Observatory
Finance for Tomorrow is launching the Sustainable Finance Observatory at Climate Finance Day on Thursday, October 29!
This is the world’s first initiative to provide transparency, monitoring and evaluation of the financial sector’s transformation towards green, sustainable finance.
This project, supported by the Place de Paris and the European Finance ClimAct project, is part of a shared objective to build a low-carbon economy that is resilient to climate change.
Today, some 355 players have volunteered to share their individual commitments on the Observatory website, which also presents sectoral and aggregate data.
With this launch, the Paris financial center reaffirms its leading role in the fight against climate change and, more broadly, in the development of sustainable finance. More than that, it represents a real competitive lever at a time when public and private investors are increasingly attentive to climate issues.
In addition to setting an example of transparency and exemplarity, the Observatory aims to trigger similar initiatives in other European and international financial centers.