Abstract

Sustainable finance calls for unprecedented attention, in sight of promoting sustainability beyond the original focus on economic, social and environmental development. Much room remains for progress, as shown by the wide range of topics that fit into the sustainability agenda of the "Rio+20" Earth Summit. A key role can be played by the process of financial innovation, far from exhausted. Challenging tasks include a more massive recourse to public-private partnership models (such as JESSICA, JEREMIE and JASMINE) and to the best practices in sustainable finance. The adoption of the Equator Principles and sustainability indexes on a larger scale in lending and investing may significantly contribute to the sustainable - as well as smart and inclusive - growth that "Europe 2020" is aimed at.

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