Divest & Invest! How do we Green Finance?
All over the world, people are taking to the streets demanding that their institutions divest from fossil fuels. But, what exactly does divestment mean – is it really as easy as it sounds? Should only fossil fuel producers be excluded, and how much oil does a company have to drill to make the list?
Large investors, like the Swedish pension funds, argue that investor engagement and dialogue is the only way to make fossil fuel companies change their course. What impact do these shareholder engagements have on the actions of companies?
As we divest, we also need to invest! Since 2007, green bonds and other forms of green finance have become increasingly popular. Is there a system to ensure that, as the green finance market grows, we do not just throw money to the greenwashing wolves? Are there successful examples to guide the way?
With us to discuss these questions is a panel of experts:
Nina Waltré, from Naturskyddsföreningen works with Bra Miljöval - a certification for consumer-facing financial solutions that enforce environmentally friendly investment practices. They are also vocal on the issue of transparency and responsibility in finance.
Alexander Paulsson, senior lecturer at the Department of Business Administration whose research interests include de-growth, ecological economics and sustainable transport.
Frida Arevik, active in the divestment movement, specifically in "Divestera AP-fonderna" which is a Fossil Free campaign that wants the Swedish state pensions (AP-fonderna) to divest from fossil fuels.
and a representative from the bank Nordea.
This event is a part of Hållbarhetsveckan 2018. See the full program here: