Regulatory innovation in this area is critical to overcoming these problems but developments at the UK and EU levels in recent years have risked stalling or being watered down due to inertia and oppositional lobbying from powerful vested interests in finance and business. Their influence over government policy is immense globally and support of, rather than opposition to, reform is essential. Whilst the active opposition and blockage remains, the impacts of the sustainable finance regulatory measures will not be felt and crucial climate finance targets not met.
What will the project try to achieve?
The organisation will assess, score and rank the 50 largest financial companies active in Europe, along with key finance and business trade groups active in advocacy on sustainable finance policy. We will develop a dynamic online platform, to be continuously updated, from which compelling content may be derived and pushed through our partners to support positive change, forming the basis of a multi-year campaign to transition the finance sector towards active support for progressive regulatory reform on sustainable finance by challenging and removing vested interest blockages.
Who might be interested in this project
Progressive business, policymakers, shareholders of the financial sector, the media and campaigning organisations will be interested in utilising our data to amplify their voices