New German political document of 2021: the first German Strategy for sustainable financing

Authors

  • Elena P. Ermakova RUDN University, 6 Miklukho-Maklaya Street, Moscow 117198, Russia

Keywords:

German law, green finance, energy transition, sustainable financing strategy
Supporting Agencies
The research was conducted with financial support of Russian Foundation for Fundamental Research in the frame of scientific project No. 20-011-00270 «а».

Abstract

The article notes that on 5 May 2021, the German federal government adopted a political document which is the first German Strategy for sustainable financing. The strategy consists of 26 individual measures. The core set of measures includes redirecting federal investment to sustainable investment, labeling sustainability to consumers («traffic light» tags). The nongovernmental organisation Germanwatch criticised the measures proposed in the strategy for being largely too vague.

Author Biography

  • Elena P. Ermakova, RUDN University, 6 Miklukho-Maklaya Street, Moscow 117198, Russia

    PhD (law); associate professor at the department of civil law and procedure and international private law, law institute

References

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  6. Serenelli L. Germany’s sustainable strategy ‘turning point’ disappoints occupational pensions [Internet; cited 2021 August 26]. Available from: https://www.ipe.com/news/germanys-sustainable-strategy-turning-point-disappointsoccupational-pensions/10052832.article.

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Published

2021-12-31

Issue

No. 3 (2021): Journal of the Belarusian State University. Law

Section

Constitutional Law and Administrative Law

How to Cite

[1]
Ermakova, .E.P. 2021. New German political document of 2021: the first German Strategy for sustainable financing. Journal of the Belarusian State University. Law. 3 (Dec. 2021), 55–59.