NewsThe government has recently modified the environmental, social and governance disclosure obligations for French investors via the publication of an implementing decree which specifies regulator expectations. Romain Hubert of the Institute for Climate Economics explains why this decree was to be expected and necessary for climate reporting.
Looking at cities’ budget can steer change by tracking expenditures that contribute or are harmful to the ecological transition. For local authorities, it is particularly at the time of the vote on their budget that it is possible to question these expenditures and to direct them as much as possible towards the climate transition.
In this webinar, we will present the lessons learned from the Low Carbon Label, focusing on carbon Monitoring, Reporting and Verification.
PublicationIn 2015, France pioneered requirements for climate-related disclosure from financial institutions, asking them to explain their strategy for integrating climate-related risks and for contributing to the achievement of the Paris Agreement objectives and the French national low-carbon strategy. Three years of implementation yielded mixed results and requirements are in the course of being updated in France (through the implementing decree of article 29 of the Energy and Climate Act) and in Europe (through the SFDR and other legal acts).
I4CE – Institute for Climate Economics, is a non-profit association with expertise in economics and finance. I4CE contributes to the fight against climate change by informing the public policy debate and supporting public and private decision-makers.
