Professor Dr. Paulo Alves Pardal took part in the “10th Annual Global Congress of Knowledge Economy”, in Osaka, Japan.

Professor Paulo Alves Pardal, a full member of CIDEEFF, was a guest speaker at the “10th Annual Global Congress of Knowledge Economy”, which took place from 11 to 13 November in Osaka, Japan.

He took part in the panel “Economic Governance & Sustainable Development”, delivering a presentation entitled “The European Union’s Approach to Implementing a Sustainable Finance Framework”.

Abstract of the presentation

Sustainable finance plays a central role in the European Union’s agenda. In view of the major challenges posed by climate change and environmental degradation, it was considered that the financial system should play a crucial role in achieving a greener and more sustainable economy. Consequently, several legislative measures have been adopted by the European Union, notably to increase market transparency (e.g. disclosure) and to create innovative instruments to identify and label environmentally sustainable activities (e.g. taxonomy). In addition, regulatory and supervisory mechanisms have been strengthened. Furthermore, the European Union’s legislative framework has been improved. However, it should not be forgotten that the dangers posed by climate change and biodiversity loss are global.

Keywords: Sustainable finance; European Union.

About the congress: GCKE 2025 | Osaka, Japan