Sustainable finance, its (r)evolutionary importance for governments in the fight against climate change and inequalities.

Sustainable finance seems to be endorsed by policymakers as one of the solutions to tackle climate change and both environmental and social issues. While a strong regulatory activity can be observed in the EU on the topic, the US seem to be torn between those who support a more responsible way to invest, while others are firmly against considering any criteria other than pure financial returns when investing. What is it in practice? Adopting a behavioral approach, some factors will step out as more decisive for policymakers when deciding about sustainable finance and its regulation, or its prohibition. A quick look at what the future might hold for the topic will also be considered, as policymakers are getting more and more involved and opinionated.