The Locator -- [(subject = "Sustainable development")]

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Author:
Hanganu, Alexandra-Cristina, author.
Title:
Key regulatory initiatives in EU sustainable banking : exploring sustainability risk management in the EU banking industry / by Alexandra-Cristina Hanganu.
Publisher:
Brill Nijhoff,
Copyright Date:
2023
Description:
62 pages : illustrations (some color) ; 24 cm.
Subject:
Banks and banking--Environmental aspects--European Union countries.
Banks and banking--Social aspects--European Union countries.
Sustainable development--European Union countries--Finance.
Risk management--Environmental aspects--European Union countries.
Banks and banking--Environmental aspects
Banks and banking--Social aspects
Sustainable development--Finance
European Union countries
Notes:
"This paperback book edition is simultaneously published as issue 5.1-2 of International Banking and Securities Law"--title-page verso. Includes bibliographical references (55-62 pages).
Summary:
"With temperature exhibiting a growing trend and posing threats to future generations, the Paris Agreement set a cap level of no more than 2°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"-- Provided by publisher.
Series:
International banking and securities law
ISBN:
9789004543188
900454318X
OCLC:
(OCoLC)1378769038
Locations:
OVUX522 -- University of Iowa Libraries (Iowa City)

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