Swedish National Radio interviewed a panel, including the Minister for Financial Markets, Per Bolund, to discuss and compare green financial innovation in Sweden and in France
Both Sweden and France have risen to the task of meeting the Paris Accord by demonstrating leadership on green finance and investment in the fight on climate change. As such, the countries have agreed on a partnership to continue leading the way as green finance pioneers for others to follow suit.
On May 29, the Swedish-French Partnership on Sustainable Finance convened at Swedish bank SEB in Stockholm to discuss and share experiences in green financial innovation.
Since world leaders finally agreed on the Paris Accord to fight climate change, France has taken a number of steps to deliver on the Accord including issuing a sovereign green bond for green projects including solar roads.
Sweden has long led the way in green bond issuance and to scale the market further, the Swedish Government launched a Green Bond Inquiry in 2017 headed by Mats Andersson. One of the key recommendations to the Swedish Government is to issue a sovereign green bond just as France.
The Radio Program "Klotet" convened a panel during the Swedish-French conference to discuss the importance of green financial innovation, the additionality vs. leadership signal of a state green bond, other green financial innovations (such as crowdfunding) as well as blockchain based solutions for speeding up green finance. Panellists included Per Bolund, Mats Andersson, Thomas Sterner and Cecilia Repinski.
The full program can be found here: https://sverigesradio.se/vetklotet