ESM Blog Entry
by Wim Van Aken & Carlos Eduardo Martins
Climate change and actions taken to mitigate its negative effects should be of great concern for European citizens, economies, and, ultimately, for financial stability. Experts agree that billions of euros are needed every year to reduce emissions and curb climate change risks. With the ESM mission to safeguard financial stability, we find it important to explore the financing of the green transition and what can be done to close any financing gap.