Climate Finance as a mechanism for the integration of green sustainable investments in Belgium.
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- To be in line with the Paris Climate Conference of 2015, more than 190 countries have agreed to limit the global average temperature rise well below 2°C and support new initiatives to limit the temperature increase to 1.5°C. To do so, financing flows must be consistent with the objectives leading to the decrease of greenhouse gases emissions and therefore a cleaner society. To deliver on the EU Green Deal objectives, commitments on sustainability and the EU’s climate goals, and sustainability-oriented investments are needed. Therefore, Climate Finance can play a role in integrating sustainable investments into our economies. As achieving such reductions require vast investment plans in several industries, this paper analyses how these flows are aligned with the climate objectives in Belgium.