Anti-ESG pushback: a chance for sustainable finance to grow into its own
Watering down sustainability regulations means losing an important lever for sustainable finance – but other crucial drivers remain intact.
Since Donald Trump’s election as President of the United States, financial institutions’ and regulators’ sustainability-related announcements haven’t exactly been a cause for celebration. But what seems like climate back-pedalling could actually signal a transition to a more mature era for sustainable finance – one grounded in feasibility and common sense.
In the past three months, financial institutions and sector organisations have bombarded us with a series of announcements that have made it seem like climate change suddenly dropped down to the bottom of their list of priorities.
