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How green is green enough? The changing landscape of financing a sustainable
European economy
#MMPMIDC7338671
Trippel E
?-/-? 2020[]; 21
(2
): 155-70
PMIDC7338671
show ga
Changing narratives surrounding the climate and environmental crisis have shaped
the degree of ambition in the approach of EU policy-makers towards the
sustainability transition and sustainable finance. This paper presents the
evolution of EU sustainable finance policies between 2015 and 2019, focusing on
the EU Taxonomy, arguing that as European narratives have shifted towards
highlighting the severity of the climate and environmental crises, EU sustainable
finance policies have also accelerated. The paper considers the IPCC SR1.5,
published in October 2018, as one catalyst for this shift in narratives and the
subsequently stronger policy responses, culminating in the European Green Deal.