Financial instruments and innovative sustainable development instruments

Abstract

The current multi-crises generated by the current challenges existing globally, lead us to think about new economic models at the level of the financial industry that are adapted to the needs of the individual and society as a whole and in the context of both digital technologies and finance open. Financial instruments in the field of insurance know a 3600 development with a direct impact on the economic sectors and on the population at global level. In this paper we aim to reflect on these insuretech innovations based on existing practical applications globally and existing empirical studies in scientific literature. At the same time, in the context of the new EU growth strategy to promote the transition to a climate-neutral economy by 2050, both the launch of the European Green Deal Investment Plan (Sustainable Europe Investment Plan) and new models are being developed at the level of the member states, actively contribute to the redefinition of innovative financial instruments and the architecture of the financial system.