EU expert group expresses 'deep concerns' over taxonomy

The Platform on Sustainable Finance (PSF), the technical body appointed by the EU to advise it on developing its sustainable finance action plan, has expressed "deep concerns" over a leaked draft taxonomy of sustainable activities drawn up by the European Commission.

Belgian central bank sued over 'climate failings' in bond buying programme

The National Bank of Belgium (NBB) is being sued by ClientEarth in a 'landmark' legal action to stop the central bank from funding fossil fuel firms through its bond buying programme, amid broader pressure from the environmental law charity on the European Central Bank (ECB) 'quantitative easing' policy.