Eu Action Plan on Sustainable Finance: cost of capital, impacts and effectiveness

Sara Lovisolo
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Sara Lovisolo: Eu Technical Expert Group on Sustainable Finance

BANCARIA, 2020, vol. 1, 2-8

Abstract: The European Commission’s Action Plan on Financing Sustainable Growth presents a series of measures whose stated objective is to solve some problems or market failures that hinder the large-scale adoption of sustainable finance practices. But why do we need more sustainable finance? This article examines the theories of change commonly associated with sustainable finance and proposes to use the cost of capital as an indicator of the impact of policy intervention.

JEL-codes: G21 G28 M14 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ban:bancar:v:1:y:2020:m:january:p:2-8

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