Getting the Green Deal done: how to mobilize sustainable finance

In his keynote address at an open event organized by Bruegel, DNB governor Knot stressed the importance of effective pricing of greenhouse gas emissions, and the development of international sustainability reporting standards through the IFRS. ‘Europe, as a frontrunner, has a key role to play in making this global effort succeed.’, he said. He also said the European Central Bank should rethink its practice of buying corporate bonds based on a principle of market neutrality, as the price of polluting assets is distorted.

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