Financial expert explains: Why sustainable investments are essential for the transformation of industrial society
According to a report from www.faz.net, Germany is facing a profound ecological transformation towards a climate-neutral economy. Only 26 years remain until 2050 to take the necessary measures. Federal politicians have only recently recognized heating as an important area of action and converting pipelines for green hydrogen also requires a double-digit billion euro amount. Financial markets play a crucial role in financing this transformation. However, development work is required for financial service providers, consumers and regulators alike. The managing director of the Green and Sustainable Finance Cluster Germany, Kristina Jeromin, emphasizes that the corridor of action is becoming increasingly thin and that all actors...

Financial expert explains: Why sustainable investments are essential for the transformation of industrial society
According to a report by www.faz.net, Germany is facing a profound ecological transformation towards a climate-neutral economy. Only 26 years remain until 2050 to take the necessary measures. Federal politicians have only recently recognized heating as an important area of action and converting pipelines for green hydrogen also requires a double-digit billion euro amount.
Financial markets play a crucial role in financing this transformation. However, development work is required for financial service providers, consumers and regulators alike. The managing director of the Green and Sustainable Finance Cluster Germany, Kristina Jeromin, emphasizes that the corridor for action is becoming increasingly thin and that all actors must pull together to ensure the comprehensive restructuring of industrial society.
As an economic expert, I see the need to steer the financial markets more towards sustainable investments. By providing incentives and creating transparent, environmentally-related financial products, financial markets can play a central role in promoting the green transition. Demand for green investments is expected to rise sharply in the coming years and it is crucial that the financial industry is prepared to meet this demand.
The ecological conversion will also have far-reaching effects on industry. Sectors that rely on sustainable technologies and renewable energies could benefit from government support programs and see increased growth. At the same time, companies that rely heavily on fossil fuels will face challenges and need to prepare to transform their business models.
Overall, it is crucial that all economic sectors understand the importance of ecological restructuring and actively participate in its implementation in order to achieve a sustainable and climate-neutral economy.
Read the source article at www.faz.net