Bank Recovery and Resolution Directive and Green Finance Institute: Difference between pages

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''European Union.''
''UK Government - Green Finance.''


BRRD.
The Green Finance Institute was established in 2019. It was seed funded by the UK Government and the City of London Corporation.


Formally the Directive on the Recovery and Resolution of Credit Institutions and Investment Firms (Directive 2014/59/EU).
It was established as a direct response to a policy recommendation made by the Green Finance Taskforce to the UK Government.  


BRRD sets out the framework for bank recovery and resolution in the EU. It sets out some arrangements to deal with failing banks at the Member State level and arrangements to facilitate cooperation in tackling cross-border banking failures.  
Its mission is to:
 
'To accelerate the transition to a clean, resilient and environmentally sustainable economy by channelling capital at pace and scale towards real-economy outcomes that will create jobs and increase prosperity for all.'


The Directive is in effect from the start of 2015.




==See also==
==See also==
* [[Recovery]]
* [[City of London]]
* [[Resolution]]
* [[Green finance]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[Green Finance Initiative]]
* [[The Ten Point Plan for a Green Industrial Revolution]]
 
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Financial_products_and_markets]]

Revision as of 16:58, 25 November 2020

UK Government - Green Finance.

The Green Finance Institute was established in 2019. It was seed funded by the UK Government and the City of London Corporation.

It was established as a direct response to a policy recommendation made by the Green Finance Taskforce to the UK Government.

Its mission is to:

'To accelerate the transition to a clean, resilient and environmentally sustainable economy by channelling capital at pace and scale towards real-economy outcomes that will create jobs and increase prosperity for all.'


See also