A press conference was held today at the Zagreb Police Administration on the occasion of the Advent in Zagreb and the measures and actions that will be taken by the police during security.Thus, during Advent in Zagreb, special traffic regulations will apply. From 1 December 2018 to 6 January 2019, due to special security measures, the City of Zagreb issued a decision on closures and traffic regulation and the delivery regime in the city center in the period from December 1, 2018 to January 6, 2019, and that:- delivery to pedestrian zones can only be done daily between midnight and 10 am, and outside of that time only exceptionally will be allowed on the edges of the pedestrian zone:rotor Bakacheva east sideStreet Under the wallVlaška-Palmotićevanorth side of Zrinjevac right laneMasaryk’s north side from the taxi stand to PreradovićevaStrossmayer Square east side 2 seatsTomislav Square east side 2 seats;– Monday through Thursday from 17 to 23 p.m., traffic on the west side of Nikola Šubić Zrinski Square is prohibited for all vehicles except trams ,;- on Fridays, Saturdays and Sundays from 17pm to midnight, traffic is prohibited for all vehicles on the west side of Nikola Šubić Zrinski Square, the west side of Josip Juraj Strossmayer Square and the west side of King Tomislav Square, on the stretch from Teslina to Mihanovićeva Street;- on Fridays, Saturdays and Sundays from 18 to 23 p.m., tram traffic from Ban Josip Jelačić Square to the Central Station is suspended;- on Fridays, Saturdays and Sundays from 17pm to midnight, traffic is prohibited in Gajeva Street from Hebrangova to Teslina Street, in Berislavićeva Street from Preradovićeva to Gajeva Street for all vehicles except taxis and tenants’ vehicles;- daily from 17 pm to midnight, taxi stand Vlaška – Europski trg is moved to the east side of Kurelčeva Street with the entrance from Palmotićeva to Jurišićeva Street and the exit a semicircular turn at the Ban Centar garage back to Jurišićeva and further to Palmotićeva Street;- daily from 17 to midnight, users of the Ban Center garage use the direction Palmotićeva – Jurišićeva – Kurelčeva – entrance to the garage to access the garage and go back in the same direction;- daily from 17 to midnight, ZET bus line no. 150 from Tuškanac to Ban Josip Jelačić Square is shortened to Ilirski Square;- It is approved to stop tourist buses on Palmotićeva south from Jurišićeva to Amruševa in the right lane for up to 3 minutes for the purpose of embarking or disembarking passengers.The traffic of motor vehicles on Palmotićeva Street in the south direction, the northern green wave Boškovićeva-Hebrangova in the western direction and the southern green wave Trenkova-Hatzova in the eastern direction will take place without restrictions, but with special caution due to the high concentration of pedestrians. In accordance with the above-mentioned traffic bans, temporary traffic signals and traffic regulation will be set up by Zagrebački holding doo, Zagrebačka cesta Branch. Police will set up checkpoints at places of prohibition.In this regard, we recommend all citizens to use public transport during Advent in Zagreb, and drivers to avoid coming to the wider city center by vehicle, point out the Ministry of the Interior and add that all companies, shops and stands are reminded to deliver in the city center. finish by 10 a.m.IMPORTANT INFORMATION FOR TOURISTS – FREE WEEKEND TRANSPORTATION DURING ADVENTThe City of Zagreb has been holding the title of the best European Advent destination for three years in a row, and the diverse and rich program of events will attract the citizens of Zagreb and numerous guests of the city this year as well.In order to ensure a real experience of a winter fairy tale, every weekend during Advent in Zagreb, from Saturday, December 1 until Sunday, January 6, 2019, the Zagreb electric tram will transport passengers free of charge.Public city transport by trams and buses will be free of charge in the area of the city of Zagreb, ie in the area of the I. tariff zone, on weekends, more precisely on Fridays from 12 noon to Sunday at midnight. Due to the usually higher demand, visitors will be transported in the Advent period, every day until midnight, and Zagreb Old lady – funicular.
“In the Swiss market, there are a lot of asset managers that have had sustainable investments in place for decades”Sabine Döbeli, CEO of the Swiss Sustainable Finance (SSF) association“In the Swiss market, there are a lot of asset managers that have had sustainable investments in place for decades. They are well in [a] position to prepare the kind of offer that institutional asset owners need,” the CEO said, adding that on the other hand most pension funds are now working to define sustainable policies.Döbeli believes the Swiss market is prepared to continue to embrace sustainability as a mainstream approach for investments, although a number of asset managers are still at the start of the journey.“For this reason, we teamed up with SFAMA, the Swiss Funds and Asset Management Association, to develop recommendations on sustainable asset management that will be published next week. The guidelines encourage all mainstream asset managers to adopt sustainable investment strategies,” she added.The COVID-19 pandemic has sparked a debate on whether to stress social or environmental issues with regards to ESG policies.The Swiss Sustainable Finance association expects a shift towards social topics.“Clearly, climate change is a key challenge for our society and therefore has to be at the top of the agenda, but I also see that the crisis made people realize that it is important to take social factors into account, and I’m sure these topics will move up on both the political agenda and the one of investors,” Döbeli said.“Good governance is an important starting point to build sustainable strategies and “as an investor, you have to take E, S and G into account,” she concluded.To read the digital edition of IPE’s latest magazine click here. Overall, last year the volume of sustainable investments increased by 62% to CHF1.2trn. The figure covers sustainable investment funds (+147%), sustainable mandates (+195%) and sustainable assets of asset owners (+6 %).“What these figures really represent is a form of mainstreaming of sustainable investments. These kind of growth rates are only possible because an increasing number of asset managers and institutional asset owners are applying sustainability approaches to their broad assets,” Döbeli said.For the future, the study noted that asset owners and asset managers expect continued growth for sustainable investments with key drivers being the demand from institutional and private investors, legislative framework, political pressure, and pressure from the boards.“Our goal is to have 100% sustainable investments in a few years’ time. I don’t think there is a limit to this kind of growth, because in our view it does make sense to apply sustainability approaches in all asset classes and segments, of course in different forms depending on the asset class,” the CEO added.Equity investments rose by CHF194.4bn last year to CHF311.9bn – the largest shift recorded – among asset classes for sustainable investments, followed by corporate bonds with CHF208.9bn and sovereign bonds reaching CHF168.6bn.The report underlined that growth in equity investments can mainly be ascribed to asset managers increasingly considering ESG factors for funds that have large positions in equity and corporate bonds. Swiss investors are increasingly assessing the positive social and environmental impacts of investments in the real economy, Sabine Döbeli, chief executive officer of the Swiss Sustainable Finance (SSF) association, told IPE.“We have seen an interesting development in the past year with impact and outcome oriented approaches moving up on the list,” she said, commenting on the Sustainable Investment Market Study that SSF recently published with the Center for Sustainable Finance and Private Wealth (CSP) at the University of Zurich.According to the study, environmental, social and governance (ESG) engagement, ESG voting and impact investment recorded the highest growth rate among the different investment approaches in 2019, with the latest of the three up 209%.Institutional investors dominate the Swiss market of sustainable investment with a share of 79%, or CHF917.4bn (€850bn), but the private segment rose by 185% to CHF245.8bn.