What is a Green Deal*?
As the largest EU climate protection programme, the Green Deal was established to create a climate-neutral Europe by 2050, which also has an impact on financial investments. The number of sustainable investments has increased more than tenfold over the past ten years. And this trend shows no signs of slowing down: environmental, social and governance (ESG) standards are increasingly establishing themselves in the professional investor segment. At the same time, the European Commission is working on standards for sustainable investments. EU taxonomy will define a uniform criteria catalogue for classifying green financial investments. A green deal thus refers to a sustainable and responsible financial investment.