The report explores the opportunities and challenges for banks in financing a sustainable economy, emphasizing the importance of a clear definition of 'green finance'. It recommends a common taxonomy, minimum standards, and a disclosure framework to guide sustainable investments. Banks need to integrate environmental risks into their strategies, while regulators should collaborate to develop practices that recognize the impact of green finance on systemic risk. Public-private cooperation is essential to address barriers and share risks, incentivizing investments in green projects through support policies and monetary measures.
