Latest news and stories about green finance in Portugal for expats and residents.
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Green finance is growing but faces issues such as obtaining robust data, while some simplification of the requirements presented to companies is also needed. These were among the conclusions of the first panel of the Green Economy Forum, which took place on Tuesday and was themed 'Financing the Green Transition: ...'
Only 5% of Portuguese firms make use of sustainable financing options, indicating a low uptake of green finance in the corporate sector.
For the fourth year running, financing green projects has been more profitable for the world’s major banks than financing projects involving coal, oil or gas.
