TY  - JOUR
A1  - Brühl, Volker
T1  - Green financial products in the EU — a critical review of the status quo
T2  - Intereconomics
N2  - The financial sector plays an important role in supporting the green transformation of the European economy. A critical assessment of the current regulatory framework for sustainable finance in Europe leads to ambiguous results. Although the level of transparency on environmental, social and governance aspects of financial products has improved significantly, it is questionable whether the complex, mainly disclosure-oriented architecture is sufficient to mobilise more private capital into sustainable investments. It should be discussed whether a minimum taxonomy ratio or Green Asset Ratio has to be fulfilled to market a financial product as “green”. Furthermore, because of the high complexity of the regulation, it could be helpful for private investors to establish a simplified green rating, based on the taxonomy ratio, to facilitate the selection of green financial products.
Y1  - 2022
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/86305
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-863050
SN  - 1613-964X
VL  - 57
IS  - 4
SP  - 252
EP  - 259
PB  - Springer
CY  - Berlin ; Heidelberg
ER  -