Briefs
2019 .09

The Legislative Proposals to Support the Action Plan on Financing Sustainable Growth in Europe


Authors: Giulia Dario, Laura Corazza
Editor: Stefano Pareglio

Abstract

The goal of the Action Plan on Financing Sustainable Growth approved by the European Union in March 2018 is to integrate sustainability considerations into European financial policy framework. To support this, several legislative proposals have been issued which have been further specified in Technical Expert Group on Sustainable Finance (TEG) Reports published from January to September 2019. These reports provide recommendations and develop minimum requirements on specific issues referring to: Taxonomy, creating a unified classification system on what can be considered an environmentally sustainable economic activity; the introduction of a European Green Bond Standard to create a voluntary standard to enhance the effectiveness and comparability of the green bond market; common criteria to create European Climate Benchmarks to avoid misleading users of financial products. This document gives an overview of all these measures, highlighting moreover, their impact and benefits for the different players in the market.

Download file
Download PDF file
The Legislative Proposals to Support the Action Plan on Financing Sustainable Growth in Europe

FEEM Newsletter & Update

Subscribe to stay connected.

Your personal data will be processed by Fondazione Eni Enrico Mattei. – data Controller – with the aim of emailing the FEEM newsletter & Update. The use of Your email address is necessary for the implementation of the newsletter service. You are invited to read the Privacy Policy in order to obtain additional information about the protection of Your rights.

This Website uses technical cookies and cookie analytics, as well as “third party” profiling cookies.
If you close this banner or you decide to continue navigating on this Website, you express consent to the use of cookies. If you need additional information or you wish to express selective choices on the use of cookies, please refer to the   Cookie PolicyI agree