Green finance
& circular economy

Key areas for the OCCE

  • Press on the green plan for the industrial revival of the EU and for the European Green New Deal with new criteria and green and circular financial tools
  • Responding to the Environmental Emergency, bridging the green investment gap and achieving the goals of COP21
  • Increase financial flows towards eco-friendly finance for responsible, forward-looking projects
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current issues

Mentioned for several years now, sustainable development requires a balance between people, the environment and economic development. The role of the financial sector in this ecological transition is central. Finance must also adapt to this changing context

Private companies, the public sector, individuals, financial institutions and regulatory bodies must open up and integrate the processes for greener finance. Indeed, the profitability of finance must absolutely take into account the environmental dimension, both in the resources taken from nature, but also in the emissions emitted to the climate and ecosystems. Ecological and social responsibility should be an integral part of the performance factors for investments.

finance support for ecology

Financial support for the environment depends on the quality and quantity of investment instruments available. The cost of reducing carbon emissions on GDP remains minimal compared to the potential return over the long term. In addition, economic reviews have shown that inaction on climate change would be far more costly than taking preventive action. Likewise, late action would require rigid, non-gradual action.

Investments to ensure the race for innovation

It is estimated that investments in energy efficiency in recent years will go into overall net savings from 2025. To support this trend, it is necessary to encourage the race for innovations in the market and financial instruments, the availability of credits linked to renewable energies, the green investment rating and support for emerging energy markets.

In addition, an investment deficit estimated at 180 billion euros per year must be filled in order to reach the United Nation's sustainable development goals. To make up for this deficit, the European Union is implementing a series of measures aimed at stimulating green investment (taxonomy, labeling for green financial products, etc.).

a transition from linear finance to circular finance

In addition, an investment deficit estimated at 180 billion euros per year must be filled in order to reach the European Union’s sustainable development goals. To make up for this deficit, the European Union is implementing a series of measures aimed at stimulating green investment (taxonomy, labeling for green financial products, etc.).

OCCE's Key Proposals for a Green & Circular Finance

  • Induce cooperative and local financing

    Possibility to see the project and the impact on its direct living environment.
  • Blockchain employer for environmental investment

    With a low cost of management and a high level of security and confidence).
  • Strengthen and make clearer the specifications prior to green projects

    It's on the basis of these specifications that the investments could be made in particular:

    • on the health issue (environmental quality and limitation of pollution caused by the project),
    • limit solastalgia (moral impact of deterioration and / or improvement of the living environment),
    • ...
  • Develop training (professionals) and information training (general public):

     

    Switch to a positive reading of the future and oriented towards solutions and commitment.
    • Published circular economy modules and / or labeling training courses around green finance.
    • New type of media which connects private time (paid conferences, MOOC opening to certifications) and public time (communication on best practices).
  • Building sustainable accounting standards:

    Integration of externalities in the creation of book value in companies' balance sheets

    • Limitation of transport and movement-
    • Reduction of consumption and waste-
    • use of Blockchain,… .
  • Towards new convergent criteria / criteria ESG and SRI

    Converge the international certification practices / methods around these benchmarks.
  • Gradually attract investors to green finance

    Convince and explain why the returns are at least as good based on concrete examples. Get out of guilt or blacklisting for bad practices. Invent new forms of growth, achieve new progress.
  • Imagine inverse criteria

    More simply than it pays off. Can we not consider a profitable project on what it does not cost to nature, resources and environmental quality.
  • Find new models of construction of Equity

    (by mixing the old models). Banks require 25-30% equity to finance 70% debt. Mix local direct equity, bonds, borrowing, etc. Baskets by risk diversification, monetary models and value creation.

3 CHALLENGES / TARGETS FOR GREEN INVESTMENTS

  • Equipment projects having an impact on the living environment: Public works / Construction :

    • Basic location of projects (nearby)
      Location of choice of companies / Choice of service providers (near construction sites)
    • Positive energy balance / Technological choices
    • Choice of materials (proximity) / See use in the construction of reusable materials.
  • Startups: new technologies and new ecosystems & nbsp;


    Calling for the location of funding (proximity vision around improving its quality of life nearby). local Intermunicipal platforms of economic interests (economic communication tools)

    For a base for local investors

  • Projects incorporating "Green finance" criteria - For projects with high environmental value

    • Green Energy / Recycling Materials-Water-Waste / Eco-Designed Projects
    • Organization of collection and processing circuits.
    • Organic and quality food.

Take part in these common challenges and share your thoughts and experiences in the field:

BRING YOUR CONTRIBUTIONS

What is your proposition ?

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Join our events
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Leading Action - Reserved for active members
Finance of the Circular Economy
May 14, 2020 - Brussels, Belgium

Register now !

Training-information session
Finance of the Circular Economy
September 3, 2020 - Brussels, Belgium

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Propose a Startups project /
new activities for green & circular finance

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