"The future of sustainable finance in Europe" with Olivier Guersent

Past Event

Date
07 November 2018, 6:00pm - 7:15pm

Location
Oxford Martin School
34 Broad Street (corner of Holywell and Catte Streets), Oxford, OX1 3BD

This event is organised by the Oxford Martin Programme on the Post-Carbon Transition.

Please email events@smithschool.ox.ac.uk by Friday 2nd November to register.

Following the outbreak of the financial crisis the EU has put forward unprecedented reforms to secure financial stability and improve the supervision of financial markets. The mission of the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA), which Olivier leads, is to monitor the effectiveness of these reforms, ensure that EU legislation is fully implemented, and to respond to emerging financial risks.

In addition, DG FISMA are working to develop well-regulated, stable, and globally competitive financial markets. To improve access to capital for businesses, especially SMEs, and thereby promote growth and job creation, they have brought forward initiatives to create an EU capital markets union. This includes globally significant work on sustainable finance.

The EU High-level Expert Group on Sustainable Finance published its final report in January 2018 and this was rapidly followed by the EC Action Plan on Financing Sustainable Growth and the adoption of a proposed EU legislative package on sustainable finance. The proposals have implications for financial institutions and capital markets across Europe (whether EU or non-EU) and internationally.

Olivier will share his perspectives on these developments and what the future of sustainable finance in Europe could look like. His keynote will be followed by a Q&A and then a drinks reception.