Breaking news – Sustainable Finance
What’s new in sustainable finance?
Every week, Carbon4 Finance shares the latest headlines in sustainable finance.
The EIOPA released its revised Staff Paper on the low uptake of natural catastrophe insurance in Europe. It examines barriers preventing consumers from buying such insurance and proposes consumer-tested solutions to boost resilience to extreme weather events.
According to a recent study published by Morgan Stanley, sustainable funds have outperformed its peers in 2023. Indeed, sustainable funds outperformed traditional funds with a median return of 12.6%, outperforming traditional funds (at +8.6%), and saw a 15% increase in assets under management, reaching $3.4 trillion.
The Nature Restoration law was adopted by the European Parliament. The new law sets the objective of restoring at least 20% of the EU's land and sea areas by 2030 and all the ecosystems that need it by 2050.
