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Sustainable Economies
Europe must transform its economies and make them sustainable.
A sustainable economy is one that is resilient and provides a good quality of life for everybody. It stays within the limits of the planet and helps keep global warming within the well below 2°C threshold.

Ensuring a rapid transition to sustainable economies in Europe is a challenge that requires bold leadership and strong commitment to action. But while we cannot improve – or even maintain – our well-being on a business-as-usual path, moving to sustainable economies offers huge opportunities. 

“While not perfect, the Commission’s Sustainable Finance Action Plan is the most ambitious globally, and sets a comprehensive reform pathway".

Sébastien Godinot
Economist

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What WWF is doing
Finance is a critical cog of our economic system. But it is not yet sustainable.

WWF works to change this. It aims to help bring investments into line with EU commitments like the European Green Deal and the UN 2030 Sustainable Development Agenda.

Such a shift includes both mobilising financial support for sustainable economic activities and discouraging or ending support for harmful ones.

Our priorities:
  • Public finance: Public financial institutions should lead by example and align their lending and investment policies with sustainability goals. WWF is working with European public financial institutions such as the European Investment Bank dit agencies.
  • EU private investment policies and regulations: WWF is engaging with EU policy makers to achieve an ambitious EU Renewed Sustainable Finance Strategy and ensure that private investment flows become aligned with the Sustainable Development Goals, the Paris Agreement on climate change and broader environmental and social issues. This includes membership of the EU Platform on Sustainable Finance, briefings with recommendations on corporate disclosure, EU green bond standards, investors’ duties, the role of supervisory authorities and mainstreaming of responsible investment practices among others. WWF wants to ensure that the EU Renewed Sustainable Finance Action Plan by the European Commission is properly implemented.
  • WWF engages with the three financial European Supervisory Authorities and the European Central Bank.
  • Large European investors: WWF is engaging with European investors such as asset owners in the Net-Zero Asset Owner Alliance in order to help them adapt their policies, investment process and engagement on climate change risks and opportunities and related issues

Contacts

Sebastien Godinot
Economist
+32 489 46 13 14

Henry Eviston
Sustainable Finance Policy Officer

Julia Linares
Senior Sustainable Finance Policy Officer
+32 484 21 49 61

Mathilde Nonnon
Sustainable Finance Policy Assistant

Inès Abbas
Communications Officer
Water & Sustainable Finance
+32 488 99 27 65

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Asset owners' guide to oil and gas producers

Based on climate science, asset owners should phase-out virtually all oil & gas investments from their portfolio by 2040 in OECD countries, and by 2050 globally.

In this Guide, WWF outlines how asset owners can incorporate alignment with the Paris climate agreement into their investment processes.

The recommendations cover all asset classes (i.e. public equity, private equity, debt instruments, etc.) but are limited to companies that are defined as ‘oil & gas producers’ by the FTSE International Classification Standard.

Read the guide