The European Commission's High Level Expert Group on Sustainable Finance delivered its interim report today (13 July). Ingrid Holmes, one of the members of the group, explains how the financial system can help address long-term challenges such as climate change.
This European Commission famously promised to focus on the big policy picture and avoid petty regulations. But small things can grow into something big, for example on energy efficiency and eco-design rules for electric appliances, writes Ingrid Holmes.
The European Commission will need to work harder to ensure efforts manage climate and wider environmental, social and governance (ESG) risk do not inadvertently scupper the Capital Markets Union initiative, argues Ingrid Holmes.
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