Economy Politics is pushing for sustainable investment

Politics is pushing for sustainable investment

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In the future, for example, a "Paris label" should identify investments that are in line with the climate agreement. This is to prevent financial products from being wrongly labeled as "green". "In the future, it will be easier for investors to select climate-friendly projects," said Romanian Finance Minister Eugen Teodorovici.

The pressure is likely to drive sustainable investments, says the BVI. For bank consultants could be obliged by the will of Brussels already in 2021 to ask savers if they want to invest their money sustainably – documentation included. Also compelling references to climate impact of investments are discussed. It is not clear yet. The fund association takes a critical view of the plans: What capital managers do not need is "rigid rules that make it impossible for investors to decide freely what to invest in".

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