It is known that sustainable finance is growing, but not with sufficient strength because in recent years, the sustainable finance market has undergone a real revolution: the increase in financial products such as green bonds and social bonds.
This, together with the promotion of specific international initiatives on this subject and the regulatory process that has landed in the European Union through the Sustainable Finance Action Plan, are just some of the facts that point to the upward trend in this field.
It is assumed that despite these efforts, they have not been sufficient to close the financing gap, which has increased in recent years as a result of the recent pandemic caused by the new coronavirus.
There is no doubt that companies are increasingly aware of the opportunities to promote sustainable finance within their strategies, and it is known that a large proportion of companies in Europe have a sustainable finance or investment strategy.
European companies have financing or investment instruments linked to sustainability, as most European business firms have investments linked to sustainability criteria with the use of green bonds and clean energy.