What are the main challenges in sustainable finance?
The main challenges in sustainable finance include lack of standardization, data availability, and regulatory hurdles.
How does lack of standardization affect sustainable finance?
Lack of standardization leads to confusion among investors and companies, making it hard to compare sustainability efforts.
What role does data availability play in this?
Data availability is crucial as it impacts the ability to measure and report on sustainability metrics effectively.
Are there any regulatory challenges?
Yes, varying regulations across regions can complicate compliance for companies aiming for sustainable practices.
What can be done to overcome these challenges?
To overcome these challenges, stakeholders can work towards creating standardized metrics and improving data sharing.
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