EU unveils green finance strategy to mainstream sustainable investing

European Commission's Action Plan released

clock • 3 min read

The European Commission has unveiled a sweeping new strategy to boost the role of sustainable finance in driving emissions reductions throughout the trading bloc.

The European Commission has unveiled a sweeping new strategy to boost the role of sustainable finance in driving emissions reductions throughout the trading bloc. The long-awaited Action Plan on sustainable finance, released today, sets out a roadmap for helping the EU drive the €180bn of additional investment that is estimated to be needed every year to hit the EU's target of cutting greenhouse gas emissions by 40% by 2030. It includes many of the suggestions made by the High Level Expert Group (HLEG) appointed by the Commission last year to help shape the EU strategy. Notably, th...

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