From climate change to global sustainability, extending the European and International Financial Institution’s mandate?

Following the Paris Agreement on climate change and the UN 2030 Agenda for Sustainable Development, on the European front, the European Green Deal sets out the objective of making Europe the first climate-neutral continent by 2050. The financial sector is expected to play a key role in this respect and the ECB and EBA with its Action Plan on sustainable finance have a crucial role on the regulatory side. Is sustainable finance “simply” green finance or does it include different considerations about social impact and governance? How does climate change relate to the broader sustainable development? Are the ESG considerations more suitable to reach a global sustainability and how is it possible to extend informally the European and International Financial Institution’s mandate? At this regard, what is the lesson to be learnt by the de-facto extension, to human rights and gender-based violence, of the World Bank mandate?