05 January 2022 - On 31 December 2021, the European Commission sent a request for feedback to the Member States Expert Group on Sustainable Finance and the Platform on Sustainable Finance on a draft text of a Taxonomy Complementary Delegated Act covering certain gas...
Rethinking Finance - Related Content
The EU Taxonomy: Natural gas and nuclear power are not sustainable investments
26 November 2021 - On 1 December 2021, the European Commission is expected to publish the supplementary EU Taxonomy Climate Delegated Act. The Club of Rome is calling for the taxonomy to support global climate goals and not allow progress to be undermined by national...
COP26: Forgoing the planetary emergency and adopting incrementalism
19 November 2021 - There’s no denying that the UN Climate Talks in Glasgow had some successes. The commitments on closing the rulebook on carbon markets, deforestation, coal divestment, internal combustion engine phase out, and methane reduction are important if they...
Net zero is not enough – we need to build a nature – positive future
31 October 2021 - To successfully emerge from Covid into a fairer, greener future we need to recognise nature as an essential piece of the puzzle. Nearly two years after the first reported case of Covid-19, the world is still facing the repercussions. At the same...
The Club of Rome at the UN Climate talks
27 October 2021 - We are at a unique moment in history – a decisive decade where failure to act risks crossing irreversible Earth tipping points. The 26th UN Climate Change Conference of the Parties (COP26) is seen as a critical summit to accelerate action towards the...
Climate Change: will the financial system survive?
18 August 2021 - One of the few bright spots in an otherwise dismal global response to the escalating climate crisis has been the preparedness of financial market regulators to force their regulated institutions to face up to the implications of climate risk. In so...
Sustainable Finance Strategy Lacks Urgency
06 July 2021 - According to the Club of Rome, the latest European Commission finance strategy – "Strategy for Financing the Transition to a Sustainable Economy" – does not go far enough to change Europe’s financial system to support the transformation of the economy...
Press Release – EU Climate Taxonomy Not Fit for 55
21 April 2021 - After many months of intensive lobbying and several months of delay, the final criteria to determine economic activities that contribute significantly to climate change mitigation and adaptation, as part of the EU’s sustainable finance taxonomy, has...
Breakingviews – Guest view: The EU is tarnishing its green jewel
23 March 2021 - BRUSSELS (Reuters Breakingviews) - When Ursula von der Leyen announced the European Green Deal in 2019, she hailed it as “Europe’s ‘man on the moon’ moment”. A key component of this revolutionary programme would be the European Union Taxonomy, using...
New Report to the Club of Rome: Integral Investing
11 January 2021 - 90% of employment and 55% of global GDP are generated by Small and Medium Enterprises. Yet, they belong to some of the most neglected parts of the economy. Moreover, investors and entrepreneurs find themselves in a dilemma in which they must choose...