EUROPEAN CONFERENCE – CLIMATE FINANCE FOR TERRITORIES

With Member States meeting this week to discuss the progress and future of EU R&I funding at the Competitiveness Council a group of civil society, research and cleantech organisations, including I4CE, have today issued an open letter urging EU policymakers to put clean technology research and innovation (R&I) at the centre of the bloc’s long-term […]

Local authorities play a leading role in ecological planning. As major contributors to public investment they have core responsibilities that can significantly accelerate the transition, such as expanding public transport networks or retrofitting public buildings for energy efficiency. According to I4CE, in France, local authorities in France need to double their investments in decarbonization by 2030 -without even accounting for future adaptation costs.

Integrating climate indicators into variable remuneration is a burning issue. Although it was removed at the last minute from negotiations on the Corporate Sustainability Due Diligence Directive (CSDDD), the proposal is still very much alive in the policy debate . While the topic is becoming increasingly central to remuneration in large companies, it still appears to be a taboo within the banking sector. This requirement was already included in the European Central Bank’s supervisory guidelines as early as 2020, yet it appears to have been largely neglected by banks.