After London and Beijing, the financial center of Paris launches its green finance initiative
“The greening of finance is a potential element of differentiation between financial centres,” said Philippe Zaouati, general director of Mirova (subsidiary of Natixis responsible for investments), upon the launch of the “Green and Sustainable Finance Initiative” in Paris on 2nd of November. Before Paris the City of London, the Chinese stock market or more recently Luxembourg have also launched their own initiative for green and sustainable finance.