EU issues final proposals for sustainable financing strategy

European Union: The European Commission estimates that the EU will need additional investment of around €700bn a year to meet the objectives of the European Green Deal (Photo: Cyril Marcilhacy/Bloomberg)

The EU proposals include guidance to ensure ESG ratings providers are reliable and transparent, and methodologies are robust – but some critics have called them “burdensome and bureaucratic”. 

The European Commission has published the final part of its sustainable finance package expected under this administration, as ...

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