Recommendations for integrating the financial sector into the German Climate Action Plan
Finance plays a key role in successfully achieving the objectives of the Paris Agreement (Article 2.1.c: aligning financial flows with the Paris Agreement).
In 2018, the European Commission launched a comprehensive sustainability agenda for the financial sector, which needs to be implemented both at EU and Member State level in such a way that it is geared to the requirements of achieving climate and sustainability goals. The German Climate Action Plan (Klimaschutzplan 2050) has not yet addressed this new development. Read more