Key Regulatory Initiatives in EU Sustainable Banking (eBook)

Exploring Sustainability Risk Management in the EU Banking Industry

Alexandra-Cristina Hanganu (Autor)

eBook Download: PDF

2023
Brill (Verlag)
9789004543195 (ISBN)

Infos

With temperature exhibiting a growing trend and posing threats to future generations, the Paris Agreement set a cap level of no more than 2(deg)C for the temperature increase, emphasizing the need for cross-national participation to combat climate change. At the European level, the European Commission pledged to make Europe achieve carbon neutrality by mid-century. However, to deliver on its commitment, extensive financial support and engagement from both private and public-sector players were acknowledged as requisites. Therefore, through their funding mechanism, banks assumed a leading role in financing the transition to a green economy. However, a new challenge of systemic nature - i.e. ESG risks - emerged, gaining regulatory attention and subsequently triggering numerous regulatory reforms. Therefore, this study explores the current European regulatory environment addressing sustainability, aiming to identify whether such regulatory frameworks can be considered a strategic opportunity, or contrastingly, a strategic burden for credit institutions.

Produkt-Details

• Erscheint lt. Verlag: 25.5.2023
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Allgemeines / Lexika
• Themenwelt: Recht / Steuern ► EU / Internationales Recht
• Themenwelt: Recht / Steuern ► Öffentliches Recht ► Umweltrecht
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht ► Bank- und Kapitalmarktrecht
• ISBN-13: 9789004543195 / 9789004543195