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ECB Stress Test: Banks’ Credit Risk Doubles by 2030 Under Slower Climate Transition

ESG Today

The accelerated transition scenario assumes a significant increase in energy costs in the near term, and substantially greater initial green investments, rising to €2 trillion by 2025, compared to only €0.5 trillion in the other.

Banking 115
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Study of EU 100 largest companies shows streamlining and precision needed for optimal EU Green Taxonomy

We Mean Business Coalition

Going forward the CSRD will include more and more companies as the years progress, covering 50,000+ companies inside and outside the EU by the end of the 2028 reporting year. The EU Green Taxonomy is also instrumental for the upcoming EU Green Bonds Standard.

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Assembling the Pieces of the Carbon Pricing Puzzle

Chris Hall

The EU has therefore installed a number of contingencies, including a pledge to delay the launch of ETS 2 from 2027 to 2028 if energy prices are still deemed to be exceptionally high, and a commitment to release additional CO2 allowances onto the market if prices exceed €45 per tonne of CO2. .

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Legislative Carrot Feeds US Climate Transition

Chris Hall

A green wave The IRA has set a number of new green investment opportunities into motion, with around US$28 billion in new manufacturing investments already announced by October 2022. One of the “biggest areas of opportunity” lies in solar energy, according to Lazard AM’s Singhal. Companies have been responding.