When Europe sets its sights on climate policy, the goal is typically to be the leader. First emissions trading system? The European Union (EU) in 2005. First green bond issuer? The European Investment Bank in 2007. First climate-neutral continent? Europe in 2050, at least according to the explicit goal set by European Council President Charles Michel. The US has now thrown down the gauntlet in the shape of the Inflation Reduction Act (IRA). The bill includes approximately $370bn of climate-related spending, the largest clean energy package in US history, the majority of which will be of...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
20 November 2024
•
2 min read
