Sustainable Finance: Only Way is Up

By Raffaele Prencipe
Published January 25, 2021 | 10 min read

“Climate finance and risk management is moving into the mainstream. There has been a transition in thinking. And this is now beginning to be translated into action,” former BoE governor Mark Carney recently said. The COVID-19 pandemic has led to a step change in Finance in terms of its alignment with the United Nation’s Sustainable Development Goals (SDGs), with an increased focus on social issues and decarbonization. The awareness is there, but to accelerate the reallocation of capital for the transition to a low-carbon and more inclusive economy, the bond market could be key in helping financial institutions integrate ESG at the core of their business.

Whether it’s disclosure, regulation, reputation, loans and investments – or risk - expect some big changes in the months and years ahead. RBC’s latest ‘Sustainability in the financial sector’ report explains what could make the bond sector the engine of sustainable finance.

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Raffaele Prencipe

Raffaele Prencipe
Credit Trader, RBC Capital Markets

COVIDCoronavirusESGSustainable Finance