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...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

iM Global Partner opens managed futures fund to European investors

iM Global Partner opens managed futures fund to European investors

iMGP DBi Managed Futures fund

Eve Maddock-Jones
clock 29 November 2022 • 1 min read
Industry Voice: How 2021 is shaping as an epic year for climate regulation

Industry Voice: How 2021 is shaping as an epic year for climate regulation

Momentum on emissions targets builds ahead of COP26 conference

Maria Elena Drew, Director of Research, Responsible Investing @ T. Rowe Price
clock 08 September 2021 • 3 min read

Watch on-demand from the Sustainable Investment Festival: First Sentier

Sustainable Investment Festival
clock 26 July 2021 • 1 min read
Trustpilot