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The Beacon of Sustainable Finance In Europe Must Not Lose Its Flame
14 Feb, 2019

A few short months later, the European Commission released its Action Plan on Financing Sustainable Growth and soon after released the three legislative proposals that have shaped the progression of work since then, covering the disclosure of sustainability risks, a pan-European taxonomy to classify environmentally friendly activities, and low-carbon benchmarks.

The year since has brought with it tangible progress: the European Parliament is currently discussing amendments to the taxonomy that could see the introduction of stronger human rights safeguards for environmentally-friendly activities, as ShareAction and others have called for, while the final stages of negotiations on the Disclosure Regulation could secure reporting on sustainability risks for mainstream products, not just those in the green niche.

Source: Euractiv - https://www.euractiv.com/section/energy-environment/opinion/the-beacon-of-sustainable-finance-in-europe-must-not-lose-its-flame/