The Federal Council released a report on June 26 on how it plans to support sustainable finance. A set of guiding principles and measures that the executive has sorted according to whether it wishes to intervene to fix the framework conditions, or on the contrary to let the markets manage themselves. Particular emphasis is placed on the issues of transparency and legal responsibility.
Why it’s risky. Switzerland is experiencing renewed interest in greening its economy and making it more sustainable. The challenge is to make the financial markets more responsible vis-à-vis their social and environmental impacts. But at the risk of seeing this laudable objective diverted to serve less avowable ends…
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