Archive

EU renewed strategy identifies work on transition as priority

The European Commission has today (6 July) published its renewed sustainable finance strategy, which charts a course for incorporating climate transition activities in its taxonomy.

EU GBS regulation among pillars of new sustainable finance strategy

The European Commission has today (6 July) proposed a regulation to create a European Green Bond Standard (EU GBS) it says "goes further than existing market-based standards" and could become the "gold standard" for green bonds.

EU transition finance, biodiversity & anti-greenwashing proposals in renewed strategy

The European Commission has outlined plans to explore creating EU labels for transition and sustainability-linked bonds, a methodology for assessing financial risks associated with biodiversity, mandating climate-related scenario analysis and increasing scrutiny of ESG ratings providers.

Von der Leyen confirms EU ETS extension to buildings, transport

European Commission President Ursula von der Leyen has confirmed plans to extend the scope of the EU carbon trading market to cover the road transport and buildings sectors, whilst another EU official suggested it may run alongside the existing scheme.

Five EU Taxonomy expert group participants suspend roles amid 'greenwash' furore

Five non-governmental organisations (NGOs) have suspended their role in the expert group supporting the development of the EU Taxonomy amid rising concern over the final form of the landmark legislation.

News round-up: BlackRock, Eurazeo, CBL, COP26 and Standard Chartered

EU considering new conflict of interest rules in wake of BlackRock furore

EU plans Corporate Sustainability Reporting Directive, according to leak

EU hikes green bond issuance programme to €250bn

News round-up: EU ETS extension considered, API endorses carbon price, UK financial watchdog climate remit expanded... and more