To our knowledge, the idea to make financial regulation consistent with climate and environmental policy goals was first coined by Stan Dupre in his 2010 book and a 2012 concept paper on the topic. 2° Investing Initiative then explored it is a first policy paper (Thomä et al, 2013) and a report for the European Commission in 2015. At the same time we helped the UNEP Inquiry disseminating the concept globally.
The first law to be passed based on our recommendations was the French Article 173 on mandatory climate disclosure in the finance sector in 2015.
In 2017, Stan Dupre joined the EU High Level Expert Group on sustainable finance (HLEG) and drafted the recommendations that led to the reforms on climate-related disclosures, the integration of sustainability into financial advice and the inquiry on short-termism in Europe (EU action plan).
The section below provides a selection of policy papers on sustainable financial regulation.