Finance ecosystem system

1. European Green deal and the agenda of financing joint implementation. European green deal is an initiate towardsforce for goodby eliminating global warming. The purpose of deal is to improve the effective use of resources for economy betterment. However European deal focuses economy, climate change, revert biodiversity loss and cut pollution.Capitalism for a sustainablefutureis one of essential element for European green deal to employ for transition.In order to control the climate change and give boost to the economy, European deal was firstly introduced on 11th Dec 2019. In 2021, Sustainable Development Solution Network (SSDN) crafted a senior working group efficiently implementation of joint finance and European green deal. However, the key objective of this group was to establish and manage the mobilisation offinance ecosvstem.Transformations for the Joint Implementation of Agenda 2030 for Sustainable Development and the European Green Deal was published in February 2021 to provide policymakers with actionable strategies to guide EU-wide and national economic recovery in accordance with Europe's overarching sustainability agenda. The very broad policy initiatives of 2020-2021 demonstrate EU leaders' willingness to adopt SDGs as Europe's economic development framework. The significant alignment of the European Green Deal with the SDGs is a clear finding of our analysis. However, as independent assessments detailed in Section 5, even this ambitious framework may fall short of the necessary action to address major sustainability challenges. Furthermore, because the financing needs are enormous, sustainable finance issues will be the primary focus of this Senior Working Group's future work in the coming years. However, without evidence of improved financial performance, achieving low-carbon targets may be perceived as costly and inefficient. In result of this , the European Commission identified the need of force for good to define a common language and define what constitutes a "sustainable activity." And the network ofspeciality finance ecosystemof companies, multilateral and government companies are working effectively. There is huge list ofspeciality finance ecosystemwhich includes following institutions and companies:- • Amazon • Apple • Facebook • Google • Microsoft • Asian Development Bank (ADB) • European Development bank (EDB) • World Bank • Inter-American development bank

2. New Development • Australian AMRO • Abu Dhabi Investment Authority • Ameriprise Financial (Columbia Thread needle) Along with aforementioned some contributor banks and institutions, there is list offintech companiesinvolved into capitalism for sustainable future. The list of popular fintech companies participating into sustainable finance includes:- • Ant Financial • Plaid • Ripple • Robbinhood • Stripe In respect to the sustainable development with European green dealForce for Gooddeals into mobilisation of capital deployment as aforce for goodin the world at a time of profound and multidimensional change. The initiative brings together the world's leading financial institutions and other stakeholders with the goal of influencing sustainable development through the deployment of capital and solutions that address the world's most pressing issues and contribute to the construction of a better future. This foundation works with key stakeholders, conducts research, publishes thought leadership, and maintains an active outreach programme to major global financial institutions, development banks, non-governmental organisations (NGOs), and other stakeholders with the potential to be global forces for good.