About: sustainable finance Archives

The European Commission put forward a proposal on Wednesday (6 June) to bring all of the EU's existing investment instruments under the banner of a new fund called "InvestEU" which will formally succeed the Juncker Plan.

The European Commission presented on Thursday (24 May) a set of proposals aimed at boosting private investment in low-carbon technologies like renewable energies while increasing transparency in sustainable finance to avoid green-washing.

EU legislators have proposed extending the European Supervisory Authorities’ (ESAs) powers to include checking the financial institutions’ investment portfolio alignment with the Paris Agreement on climate change.

L'Oreal and Electrolux today (17 April) joined the likes of McDonald’s and Sony in aligning their emission goals with the 2°C target of the Paris Agreement on climate change.

Capital markets are “one of the most powerful tools in the fight against climate change” which is often “overlooked”, said billionaire philanthropist Michael Bloomberg, praising Europe’s pioneering green finance action plan presented earlier this month.

Europe is quickly adopting an imbalanced, two-speed approach to sustainable finance, in which the "green" is moving much faster than the "social". Eleni Choidas look into whether it is even possible to have one without the other.

The European Commission unveiled on Thursday (8 March) its highly expected action plan on sustainable finance, aiming to clarify what can be labelled as "green" investment and potentially lowering capital requirements on asset holders.

Following the action plan on sustainable finance to be published early next month, the European Commission will present legislation in May to define what represents 'green' investment, EURACTIV has learned.

A high-level expert group released on Wednesday (31 January) a report to help guide the European Commission in its quest to make the EU's economy sustainable. One of the members of the group explained some of the detail in an interview with EURACTIV.com.

‘Think Sustainability First’ must be a principle that guides financial policymaking through this decade and the next if Europe is to have the means to match its global ambitions, writes Arlene McCarthy.

An EU sustainability taxonomy, a definition of priority investment areas, the clarification of investor duties and development of “official” European sustainability standards for green bonds are some of the recommendations experts made to the European Commission on Wednesday (31 January).

A high level group of financial experts has advised European regulators to encourage more favourable treatment for energy saving loans and mortgages, in a move that could unlock billions in lending for green building renovation programmes across Europe.

Hurricane Harvey’s trail of carnage through Houston, the oil capital of the US, was a stark reminder of the effect that climate change can have on our economy, writes Peter Blom.

Initiatives to strengthen the financial markets and deepen the economic and monetary union will play a major role in the European Commission’s work programme for 2018, the final one before the legislative machine slows down in the run-up to European elections in 2019.

The European Commission has proposed giving the European Supervisory Authorities broader powers to determine what represents environmental, social and governance investment and to monitor banks’ activities in this field.