27 March 2020

Mobilizing Investors to Protect Climate, Land and Biodiversity

The current climate and biodiversity crises call for a mobilisation of finance at scale to support nature-based solutions. Annual investments needed as estimated by the Biodiversity Finance Initiative exceed US$400 billion, but we can track only US$52 billion as of 2019. Investors are discouraged by the high levels of uncertainty and lack of data related…

27 February 2020

Sustainable Investing: Shaping the future of finance – Report

By 2036, global assets worth USD 160 trillion are expected to be managed under some type of sustainable investing mandate. This would mean a close to 100% ESG integration in fund management. This report by the International Institute for Sustainable Development discusses potential drivers behind generating the level of demand needed from private and institutional…

18 December 2019

EAERE at COP25

EAERE had three official delegates at the UN COP25 in Madrid this year: Jos Delbeke, Chairman of the EAERE Policy Outreach Committee (POC); Phoebe Koundouri, President Elect for 2020 and Aldo Ravazzi Douvan, also member of the POC. In addition to the delegation, many of the more than 1200 members of EAERE went to COP…

7 November 2019

Government of Cyprus to Start Consultation on Green Fiscal Reform

The 20th Global Conference on Environmental Taxation, organised by the Cyprus University of Technology, was held in Cyprus on 26-27 September 2019. GCET is the leading global forum for exchanges on the principles and practice of environmental taxation and other market-based instruments for promoting the transition to low-carbon and resource-efficient societies. The conference started with…

22 October 2019

Fiscal Monitor: How to Mitigate Climate Change

The October 2019 edition of the Fiscal Monitor by the International Monetary Fund focuses on the design of fiscal policies for climate mitigation at the domestic and international level. This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate…

10 October 2019

EEA Report: Paving the way for a circular economy – insights on status and potentials

This new report by the EEA takes stock of the initiatives for creating a circular economy that reduce the use of natural resources and minimise harmful emissions and waste. According to the report, European companies are increasingly adopting circular business models, focused mainly on operational efficiency and reducing waste. Another promising development is to shift from product-based…

11 July 2019

Women’s Digital Financial Inclusion in Africa

|Source: Bill and Melinda Gates Foundation| African governments are at the forefront of efforts to harness digital technologies to build more inclusive economies. Double-digit growth in mobile phone ownership in the first half of this decade has triggered a surge of innovative digital tools and services across the continent. However, the benefits of the digital…

27 June 2019

Economists’ Statement on Carbon Pricing

The Policy Outreach Committee (POC) of the EAERE prepared a statement on carbon pricing to be proposed for endorsement to the whole community of economists in Europe and worldwide. It aims to convey the European perspective on carbon pricing and to draw the attention of policy-makers to its importance as a key instrument, even though not…

6 June 2019

Financing For Sustainable Development Report 2019

The UN Inter-agency Task Force on Financing for Development has released the fourth edition of the “Financing for Sustainable Development Report”, which provides a comprehensive assessment of the state of sustainable finance in 2019. The report offers recommendations for achieving concrete progress on financing for development, with a focus on the five SDGs under review…

25 February 2019

New World Bank Report “Fiscal Policies for Development and Climate Action”

This report provides practical insights for an effective design and implementation of fiscal policies for both development and climate action. The report maintains that well-designed environmental tax reforms are especially valuable in developing countries, where they can reduce emissions, increase domestic revenues and generate positive welfare effects. The reportoffers policy recommendations for finance decision-makers to…