Considered for long as short-termist, finance has definitely a key role to play in supporting projects related to climate change mitigation / adaptation and resource conservation.

To play this role, so-called “sustainable” finance favors financial transactions that take into account environmental, social and governance criteria (ESG). It also aims at improving transparency in sustainability reporting. And ther, CSRD or ISSB standards are key.

But the normative inflation around these subjects, the multiplication of market standards and the transformation of stakeholder expectations make the management of these questions by public and private organizations particularly delicate.