TY - UNPD A1 - Krahnen, Jan Pieter A1 - Rocholl, Jörg A1 - Thum, Marcel T1 - A primer on green finance: From wishful thinking to marginal impact T2 - SAFE white paper ; No. 87 N2 - We raise some critical points against a naïve interpretation of “green finance” products and strategies. These critical insights are the background against which we take a closer look at instruments and policies that might allow green finance to become more impactful. In particular, we focus on the role of a taxonomy and investor activism. We also describe the interaction of government policies with green finance practice – an aspect, which has been mostly neglected in policy debates but needs to be taken into account. Finally, the special case of green government bonds is discussed. T3 - SAFE white paper series - 87 KW - Green Finance KW - Climate Change KW - Sustainability KW - Taxonomy KW - ESG Y1 - 2021 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/57614 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-576148 UR - https://safe-frankfurt.de/policy-center/policy-publications/policy-publ-detailsview/publicationname/a-primer-on-green-finance-from-wishful-thinking-to-marginal-impact.html IS - October 2021 PB - SAFE CY - Frankfurt am Main ER -