This paper introduces the concept of sustainable finance literacy, which refers to retail investors' knowledge of regulations, norms, and standards for financial products with sustainable characteristics. We survey a large sample of Swiss households and measure different literacy concepts using...

The pace at which sustainable investing is leaving its niche to enter ordinary financial markets over the past few years is nothing short of remarkable. Especially after COP21, green finance products have rapidly grown in number, driven by demand from institutional and retail investors – that...

The world of financial services has been in a process of constant flux for over three decades. Changes have been rapid, often beyond the capacity of regulators to timely understand them, and they have been accompanied by very drastic shifts in the way financial institutions interact among...

We raise some critical points against a naïve interpretation of "green finance" products and strategies. These critical insights are the background against which we take a closer look at instruments and policies that might allow green finance to become more impactful. In particular, we focus on...