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hiveonline at the G7 in Venice

Sofie Blakstad at the G7 VeniceSofie Blakstad at the G7 Venice

hiveonline is proud to have been asked to support the UN Environment Programme Inquiry into Design of a Sustainable Financial System, recently accompanying them to the G7 Green Finance for SME policy making meeting in Venice. Six of the G7 governments (all except USA) were represented, with a combination of Environment and Financial departments sending delegates.

Following an opening speech by the State Secretary for the Ministry of the Environment, Ms Barbara Degani, Advantage Financial presented their views on the future, with Fintech and future finance driving the agenda but also highlighted the shortage of equity capital available for research and investment. UNEP Inquiry paper co-author Nick Robins presented a summary of the findings, followed by analytical observations by PwC, which centred on the gap between the report’s ambitions and the backing of banks and nations to mobilise practical steps.

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