How Are Banks Doing on Sustainable Finance?
In recent years, the banking sector has started to prioritize sustainable development, recognizing the growing benefits of sustainable investment. However, they e ncounter many obstacles on the road, among others, the time horizon, waiting for regulatory proposals, and a lack of understanding of the...
Main Author: | |
---|---|
Format: | Article |
Language: | deu |
Published: |
Lodz University Press
2020-09-01
|
Series: | Finanse i Prawo Finansowe |
Subjects: | |
Online Access: | https://czasopisma.uni.lodz.pl/fipf/article/view/8494 |
_version_ | 1818617974478602240 |
---|---|
author | Marika Świeszczak |
author_facet | Marika Świeszczak |
author_sort | Marika Świeszczak |
collection | DOAJ |
description | In recent years, the banking sector has started to prioritize sustainable development, recognizing the growing benefits of sustainable investment. However, they e ncounter many obstacles on the road, among others, the time horizon, waiting for regulatory proposals, and a lack of understanding of the potential effects of climate change. To strengthen its sustainability policy, the ESMA decided to harmonize transparency rules that should have a significant impact on the entire banking sector.
The purpose of the article is to organize basic definitions related to the sustainable development policy, to show the role of finance in the whole process, to present important changes in the regulation, and to approximate current changes in the field of sustainable development in the banking sector. |
first_indexed | 2024-12-16T17:14:13Z |
format | Article |
id | doaj.art-7e7ef57d490a4277b04b9dc961909ddb |
institution | Directory Open Access Journal |
issn | 2391-6478 2353-5601 |
language | deu |
last_indexed | 2024-12-16T17:14:13Z |
publishDate | 2020-09-01 |
publisher | Lodz University Press |
record_format | Article |
series | Finanse i Prawo Finansowe |
spelling | doaj.art-7e7ef57d490a4277b04b9dc961909ddb2022-12-21T22:23:20ZdeuLodz University PressFinanse i Prawo Finansowe2391-64782353-56012020-09-0132714115410.18778/2391-6478.3.27.088378How Are Banks Doing on Sustainable Finance?Marika Świeszczak0Uniwersytet Łódzki, Wydział Ekonomiczno-Socjologiczny, Instytut Finansów, Katedra BankowościIn recent years, the banking sector has started to prioritize sustainable development, recognizing the growing benefits of sustainable investment. However, they e ncounter many obstacles on the road, among others, the time horizon, waiting for regulatory proposals, and a lack of understanding of the potential effects of climate change. To strengthen its sustainability policy, the ESMA decided to harmonize transparency rules that should have a significant impact on the entire banking sector. The purpose of the article is to organize basic definitions related to the sustainable development policy, to show the role of finance in the whole process, to present important changes in the regulation, and to approximate current changes in the field of sustainable development in the banking sector.https://czasopisma.uni.lodz.pl/fipf/article/view/8494banking sectorsustainable financesustainable developmentesgesma |
spellingShingle | Marika Świeszczak How Are Banks Doing on Sustainable Finance? Finanse i Prawo Finansowe banking sector sustainable finance sustainable development esg esma |
title | How Are Banks Doing on Sustainable Finance? |
title_full | How Are Banks Doing on Sustainable Finance? |
title_fullStr | How Are Banks Doing on Sustainable Finance? |
title_full_unstemmed | How Are Banks Doing on Sustainable Finance? |
title_short | How Are Banks Doing on Sustainable Finance? |
title_sort | how are banks doing on sustainable finance |
topic | banking sector sustainable finance sustainable development esg esma |
url | https://czasopisma.uni.lodz.pl/fipf/article/view/8494 |
work_keys_str_mv | AT marikaswieszczak howarebanksdoingonsustainablefinance |