2. What is the difference between sustainable finance, responsible finance, green finance, transition finance, impact finance and blue finance?

Sustainable finance refers to all financial practices that take into account the challenges of ecological and social transition.

• Responsible finance integrates environmental, social and governance (ESG) criteria into investment choices.
• Green finance specifically targets the financing of projects that promote environmental transition (renewable energies, energy efficiency, biodiversity preservation, etc.).
• Transition finance focuses on the dynamics of transition towards sustainability, rather than on what is already sustainable, in order to provide solutions for the transition of the economy as a whole and the decarbonization of industries that emit the most or whose emissions are the most difficult to reduce today.
• Impact finance is based on the desire of financial players to generate a social or environmental benefit that meets the Sustainable Development Goals (intentionality pillar) and to be able to measure it (impact measurement pillar).
• Blue finance focuses on the preservation and sustainable development of oceans and marine resources.