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The Norwegian Ministry of Finance has given an assessment of the definition of speculative immovable property financing under the standardized approach for banks. The Ministry’s conclusion coincides with the assessments put forward by Finance Norway.

A growing number of investors and lenders have become increasingly aware of the social dimension of sustainable finance and the market for social bonds is developing rapidly. Meanwhile, the Platform on Sustainable Finance is currently assessing how to include the social dimension (the S in ESG) in the EU Taxonomy.