Finance Monthly January 2020 Edition

energy transition and fight against climate change. A relatively new phenomenon, the market is expected to exceed a value of $100 billion dollars a year by next year. One of its main tools is green bonds, issued with the aim of financing ecological initiatives. Decarbonising investor portfolios by financing companies that limit their ecological footprint is also proving popular within this sphere. Social Finance: This option has already seen savings and assets invested in valuable social finance products. Representing €10 billion in France in 2016, the sector offers funding to projects that do not fit into classic financing circuits, such as businesses tied to employment, social and housing, international solidarity and the environment. In France, the specialised organisation Finansol certifies certain social finance products (including SRI products) and monitors trends in social finance. $75 TRILLION In cumulative investment directed mostly towards renewable and other low carbon energy technologies, as well as energy efficiency measures, is required to keep global temperature rise to below 2C and avoid the worst effects of global warming. $100 BILLION The amount Green Finance is expected to exceed by next year. Sources: 1 https://www.wwf.org.uk/what-we-do/projects/why-were-working- sustainable-finance 2 https://www.iea.org/ 13 www.finance-monthly.com FRONT COVER FEATURE - SUSTAINABLE FINANCE