Occasional Studies Volume 19 – 2 Financing the transition: seizing opportunities for a green recovery Financing the transition: seizing opportunities for a green recovery ©2021 De Nederlandsche Bank n.v. Authors Justin Dijk, Jan Willem van den End, Rianne Luijendijk, Guido Schotten and Sophie Steins Bisschop The Occasional Studies series aims to disseminate thinking on policy and analytical issues in areas relevant to De Nederlandsche Bank. Views expressed are those of the individual authors and do not necessarily reflect official positions of De Nederlandsche Bank. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or disclosed in any form by any means, electronic, mechanical, photocopy, recording or otherwise, without the prior written permission of De Nederlandsche Bank. De Nederlandsche Bank N.V. P.O. Box 98 1000 AB Amsterdam Internet: www.dnb.nl Email:
[email protected] Financing the transition: seizing opportunities for a green recovery DNB Occasional Study Authors: Justin Dijk, Jan Willem van den End, Rianne Luijendijk, Guido Schotten and Sophie Steins Bisschop1 1 Acknowledgements Thanks to Emily Bell, René Bierdrager, Melle Bijlsma, Taras Bogouslavskii, Dirk Broeders, Guus Brouwer, Jeannette Capel, Malou Dirks, Willem Evers, Gerard Eijsink, Wim Goes, Jessica Havlinova, Vincent Jungen, Mark Mink, Pieter Moore, Eva Nielsen, Christiaan Pattipeilohy, Rene Rollingswier, Nikki Rupert, David Rijsbergen, Niek Verhoeven, Coen ter Wal and Sandra Wesseling. We also thank various representatives of the PBL Netherlands Environmental Assessment Agency, the Ministries of Finance and of Economic Affairs and Climate, Triodos, PGGM, Invest-NL, the Sustainable Finance Lab and Erasmus University Rotterdam for their participation in an expert session to comment on the previous version of this study.