Addressing climate change requires significant restructuring of the fossil fuel-dependent economies in Europe and the world. To achieve this transformation, financial flows must be redirected so that investments in climate-friendly economic activities are promoted, whereas carbon-intensive investments are phased out.
Through a series of studies, events and interactive materials FEPS has analysed the different dimensions of aligning finances with the transformation to decarbonised economies in Europe and the world.
The analyses and discussions have highlighted, amongst other how increased public investments can help to address climate change and how such investments can be funded. In addition, regulatory and institutional reforms to push private finance as well as funding from development banks towards decarbonisation have been addressed.