Ideas

finance durable
From the One Planet Summit to the European Commission's action plan: Main announcements in favour of sustainable finance
Published on 05/02/2018

The news from December 2017 to March 2018 was particularly rich in announcements in sustainable finance. This document summarizes the main announcements with a focus on the French government, investors, as well as the European Commission's action plan.

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maps
Country Sustainability Analysis
Published on 05/02/2018

Until a green and social sovereign bond market develops – something that Mirova actively promotes and encourages – Mirova has developed a sustainability analysis that would be used as a proxy for impacts and is integrated into Mirova’s responsible investment decision making process. Furthermore, the Energy & Climate risk score co-developed with Beyond Ratings would allow for the integration of material energy and climate related risks into the solvability of sovereign debt. 

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marches
Liquidity of the Green Bond Market
Published on 03/14/2018

The green bond market has undergone rapid expansion over the last five years. Given its still small size compared to the bond market as a whole, investors remain cautious regarding certain features of green bonds, such as the liquidity of the market.

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nuclear plant
Nuclear's Unclear Future
Published on 10/05/2017

Nuclear power makes up about 9% of global electricity generation, with 443 reactors and 385 GW of capacity in operation today. This includes reactors in 31 countries, with Belarus and the United Arab Emirates currently constructing their first (World Nuclear Organization 2016).

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dam
When renewable energy met sustainable growth
Published on 07/29/2016

Regulation, cost reduction, and the rise of renewable energy in the United States.

Historically and famously fossil-fuel dependent, the U.S. energy and electricity mixes are evolving quickly as costs fall for renewables, regulations mandate their implementation, and fiscal policy incentivizes their installation. 

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long term
Mirova Insight 3
Published on 05/28/2014

For some, a responsible investment is by definition a long-term investment. And they’re right, to be sure. Problems arise, however, with any attempt to define these terms. Surprisingly, it is almost as difficult to achieve a consensus on the meaning of long-term investment as it is to arrive at a broadly acceptable definition of responsible investment.

 

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light fire
Mirova Insight 2
Published on 10/05/2013

We are today indisputably enmired in a crisis. So why, one might ask, are the pages of this periodical devoted to such seemingly disparate events as a fire at the Rana Plaza in Bangladesh, or Europe’s horsemeat scandal. Indeed, given the current situation, these choices might appear dictated by sentimental considerations, out of place in the serious study of macroeconomic issues such as Europe’s sagging economy or budgetary and monetary policies that show every sign of being dangerously out of kilter. However, we are convinced that trusting to appearances would be tantamount to confusing a force and its expression, and that dismissing the events we describe would be a mistake. Remember that the strategies for overcoming economic crises have often arisen from ‘scandals’ that served to awaken a public conscience and provide the impetus needed by public authorities to implement reforms.

 

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different view
Mirova Insight 1
Published on 03/14/2013

Why we created Mirova

The current imbalance between growth and debt, the decorrelation with the real economy, the  depletion of natural resources, and climate change issues all highlight the fact that the current economic development model is no longer sustainable. Whether it is seen as one of the causes of this crisis or merely as a catalyst, the finance industry also represents a major part of the solution. This is particularly true for the investment industry.

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