Legal & Regulatory News

EBF releases report on potential ways to accelerate sustainable finance in the banking sector

The European Banking Federation (EBF) has released a report, 'Encouraging and Rewarding Sustainability: Accelerating sustainable finance in the banking sector', which examines a range of potential incentives that may be used to accelerate sustainable finance in the banking sector.

The report highlights, amongst other things, the importance of incentives as a policy catalyst for sustainable finance and examines a range of potential incentives, including:

• a sustainable finance guarantee fund;
• a green loan securitisation framework;
• a sustainable finance supporting factor;
• preferential treatment of collateral; and
• carbon price and fiscal measures.

The report also includes a number of examples of existing national fiscal and financial incentives as well as proposals for tax incentives and subsidies for sustainable finance products.

Click here to access the report.