Sustainable finance (SF) regulation is central to the EU’s climate agenda but falls short of driving real change in the financial industry and making a meaningful contribution to the green transition. It remains too focused on disclosure, relying on market forces to steer capital into green investment.
This book rethinks SF regulation through the precautionary principle, reinforcing regulatory intervention and introducing an experimental approach-crucial in times of uncertainty. It presents a concrete framework to bridge these gaps, integrating more interventionist measures and advocating for a proactive regulatory mindset to address climate change, not just as a financial risk but, more importantly, as a catalyst for redirecting financial flows. A key resource for academics, policymakers, and practitioners, it explores how SF regulation could evolve to truly drive the green transition.
Moritz Obst
Sustainable Finance Precautionary Regulatory Framework Proactive Regulatory Mindset