Aftershock: Financing the European Energy Transition
Finance & Investment/Trading & Risk Management/ESG
In Europe, the energy price shock has sent policymakers scrambling for solutions, but it has not changed the European Union’s fundamental commitment to meet its decarbonization targets on the path toward net-zero emissions with an emphasis on early emissions reductions. Investment banks, fund managers, and private equity are firmly on board with the energy transition and set to play a leading role—not only to live up to the ESG commitments that are becoming fundamental to the mission of many institutions, but also because of the returns that they hope will be available. This discussion will consider key issues in this fast-changing space. What role does the booming market in green bonds play in the transition process? What is the impact of the emerging EU taxonomy for sustainability disclosure? How will the deployment of public funding for emerging areas such as hydrogen influence the transition process?