Il ruolo degli strumenti finanziari ESG nella transizione ecosostenibile dell’economia

Faced with the no longer deferrable sustainable transition of the economy, a fact emerges: the annual investment gap to achieve the EU climate and energy targets by 2030 amounts to about EUR 180 billion; a figure that exceeds than the funds of the EU budget. From this consideration comes the idea that the transformation of the economy cannot be solved without the cooperation of the private sector and that one cannot do without the instruments offered by the financial system, including ESG financial products. However, sustainable finance brings with it inevitable criticalities (e.g. greenwashing, rating and pricing issues and risks (including the risk of a financial bubble) that legislators and supervisory authorities are called to face up without delay.