EU Taxonomy seeks to encourage divestment from unsustainable investments. However, divestment only works if another investor buys the assets of the divesting investor. Divestment might be a good risk management strategy for a company or a fund manager. However, divestment is not an effective strategy for creating an actual outcome.
The FAO has a fascinating role as a mediator between private and public interests. It will do well not to become captured by one or the other.
Multiple themes, ideas and threads were shared throughout the day. But, the unifying message that kept cropping up for all the challenge areas was building greater capacity for facilitation and engagement to effectively address Status Quo Bias (SQB).