Archive

UK joins International Platform on Sustainable Finance

EU asks expert group to clarify transition activities in Taxonomy

Final EU Taxonomy criteria delayed after draft proposals response

The publication of the final technical screening criteria (TSC) for the EU Taxonomy for sustainable activities have been delayed as the European Commission wades through the more than 46,000 responses to the consultation on the draft criteria.

EU Platform calls on Commission to revise taxonomy proposal

The European Commission-mandated Platform on Sustainable Finance has called on the Commission to revise aspects of its draft sustainability taxonomy legislation, including to focus on 'transition' of currently ineligible activities that could eventually align with the taxonomy.

Hong Kong regulators deliver action plan for greening financial ecosystem

A steering group composed of key Hong Kong regulators has announced its five-point action plan for a green and sustainable finance strategy for the major financial centre.

Singapore regulator considering 'green' and 'transition' taxonomy

The Monetary Authority of Singapore (MAS) has announced it is considering formulating a taxonomy of its own covering 'green' and 'transition' activities, amid its plan to roll-out environmental risk management guidelines for all financial institutions.

EU publishes first sets of Taxonomy screening criteria

The European Commission has published the first two sets of technical screening criteria for the EU Taxonomy for sustainable activities, described as an "important step" for the closely-watched green policy instrument.

EU's TEG publishes five principles for sustainable recovery

The EU Technical expert group on sustainable finance (TEG) has proposed five high-level principles for sustainable recovery and resilience that should guide the bloc's stimulus packages in response to the coronavirus (Covid-19) crisis.

EU launches Sustainable Finance Platform after Taxonomy approval

The European Commission has officially launched a new expert group that will advise the bloc on its final EU Taxonomy criteria for 'green' activities and a potential expansion to cover social objectives and 'brown' activities.

EU Taxonomy secures final approval from Parliament

The EU Taxonomy for sustainable activities has secured final approval from the European Parliament after two years of negotiation, ahead of official standards coming into force from 2022.