3fP “finance fit for Paris”
The European project 3fP “Finance fit for Paris” is developed jointly by the Frankfurt School – UNEP Collaborating Centre for Climate & Sustainable Energy Finance (FS-UNEP Centre) and WWF Germany, supported by the European Climate Foundation. This project aims to analyse the compatibility between the regulatory frameworks of financial actors and the Paris Agreement. The analysis focuses on three dimensions: transparency and reporting; supervision and financial stability; and the enabling environment for the development of green finance.
For France, the evaluation is co-executed by I4CE and the FS-UNEP Centre. The 3fP-Tracker site (www.3fp-tracker.com) currently includes assessments for the regulatory frameworks of the EU, France, the Netherlands and Germany. Spain and Italy will be the next countries to be analysed.
These assessments will be updated annually to take into account changes in the various regulations and practices of the financial markets.