全球绿色金融指数12-补充“空间碎片——公地的悲剧”

Sustainable Futures Beginning in March 2018, as part of its Long Finance initiative, Z/Yen published the first five editions ofthe Global Green Finance Index with the generous support of the MAVA Foundation, and morerecently with support from Abu Dhabi Global Market. Z/Yen continues this work and is pleased topresent the twelfth edition of the Global Green Finance Index (GGFI 12). Z/Yenhelps organisations make better choices-ourclientsconsider us a commercial think-tank thatspots, solves, and acts. Our name combines Zen and Yen-‘a philosophical desire to succeed’-in aratio, recognising that all decisions are trade-offs. One of Z/Yen’s specialisms is the development andpublication of research combining factor analysis and professional assessments. Long Financeis a Z/Yen initiative designed to address the question“When would we know ourfinancial system is working?”This question underlies Long Finance’s goal to improve society’sunderstanding and use of finance over the long-term. In contrast to the short-termism that definestoday’s economic views the Long Finance time-frame is roughly 100 years. The authors of this report, Mike Wardle,Simon Mills, and Professor MichaelMainelli, would like to thank Bikash Kharel,Sasha Davis, Charlotte Dawber-Ashley andthe rest of the Z/Yen team for theircontributions with research, modelling,and ideas. Foreword In the ongoing quest to address the most pressing global challenges of our time–from climate changeto the alarming decline of biodiversity–sustainable finance has emerged as a beacon of hope. As weembark on the journey into the 12th edition of the Global Green Finance Index (GGFI 12), it is withgreat pride that Finance Montréal contributes to this critical discussion. GGFI 12 is more than just an index; it is a testament to the unwavering commitment of financialcentres worldwide to drive positive change. In a world of growing environmental challenges, financial centres such as Montréal stand out as driversof progress. They are committed not only to providing sustainable economic development, but also tobuilding robust green infrastructure, fostering the growth of sustainable finance, and nurturing a skilledworkforce. The collective determination of these centres sends a resounding message: the future offinance is inherently intertwined with the future of our planet. We are pleased to highlight the remarkable performance of Montreal in GGFI 12. Montreal hasadvanced nine ranking places to secure the 12th position globally. This achievement demonstrates ourcity's dedication to the principles of sustainable finance. It showcases our collective endeavour toharness the power of finance to address climate change, biodiversity loss, and other critical globalchallenges. Montreal's strength in sustainable finance reflects the values and vision that our financial communityembodies, as well as the high priority it gives to investments aligned with sustainability goals. Montrealis not merely a financial centre; it is a hub for transformative change. Finance Montréal is deeply honoured to be entrusted with the task of writing this important foreword.We believe that the financial industry, as a key catalyst for change, can lead the way in addressingenvironmental and social challenges. Our role in shaping the future of global finance is a responsibilitywe embrace with enthusiasm. We hope that this report serves as a source of inspiration and a roadmap for policy and investmentdecision-makers. We aspire to provide impulse to a transformative movement in the world of finance;one that is dedicated to building a more sustainable, equitable, and prosperous future for all. Jacques DeforgesCEOFinance Montréal Summary Overview This is the twelth edition of the Global Green Finance Index (GGFI 12). The GGFI is a factor assessmentindex, based on a range of instrumental factors-quantitative measures-and a worldwide survey offinance professionals’assessments on the quality and depth of green finance offerings in financialcentres. The centres which perform well in the GGFI are generally places that commit to environmentalimprovements across the economy as well as directly in finance. Centres such as London, New York,and Geneva have a commitment to providing sustainable economic development and to building theirskill base and green infrastructure. Among those responding to the GGFI survey, Energy Efficient Investment, Sustainable InfrastructureFinance, and Environment, Social, And Governance (ESG) Analytics, and Disinvestment From FossilFuels are rated as the areas of green finance with the most impact. Carbon markets are also mentionedby a large number of respondents. This focus on energy and infrastructure, underpinned by ESG andcarbon trading shows the need for the financial world to take action in these areas. Policy & Regulatory Frameworks continue to be identified as the leading driver in the development ofgreen finance, alongside International Initiatives. In the lead up to