Green Finance Disruption An ESG Framework
The dramatic consequences of climate change and environmental degradation have brought the need for a more sustainable economy to the top of the agenda.The interest in green and sustainable finance is rising very fast among investors worldwide, and several voluntary private initiatives have tried to create some market standards.Climate finance provides funds for addressing climate change adaptation and mitigation, green finance has a broader scope as it also covers other environmental goals (e.g. biodiversity protection /restoration), while sustainable finance extends its domain to environmental, social and governance factors (ESG)