The 5th CrowdCamp: Sustainable Finance took place online and in Prague. The event was co-organised by Deloitte on 10-12 June 2020.
We are grateful to the Deloitte team in Prague for the organisation and technical set up and to all out speakers for sharing their expertise.
Watch the recordings here:
Discussion: Sustainable Finance differs from traditional finance by taking due account of environmental and social considerations as part of the investment decision. In the EU’s policy context sustainable finance is understood as finance to support economic growth while reducing pressures on the environment and taking into account social and governance aspects. It also encompasses transparency on risks related to factors that may impact the financial system, and the mitigation of such risks through the appropriate governance of financial and corporate actors.
Crowdfunding allows for such considerations in general, but can be used to specifically address particular environmental or social issues while involving relevant communities and citizens. With the European Green Deal sustainable finance is key in developing its seven policy areas, and crowdfunding has already made a footprint in some of them. With a harmonised regulatory framework for crowdfunding about to be implemented, it is time to develop the industries footprint in the European Green Deal and establish crowdfunding as a key tool in the sustainable finance mix.