The EU’s primary financial regulators, collectively referred to as the European Supervisory Authorities (ESAs), have published latest amendments to the regulation underpinning the Sustainable Finance Disclosure Regulation (SFDR).
Last week was a mixed bag, with Energy Ministers holding the first of pre-COP meetings failing to agree on an approach to the fossil fuel problem, Republican’s attempting federal rules for banning ESG activity but a growth in finance for climate action, circular economy and more. Much of the news flow these days seems scary and depressing but remember that the technology and expertise exists to address climate change and sustainability challenges – we just need to get the political will aligned.
The EU has published a series of EU Taxonomy additions open for consultation, which Goldman Sachs (NYSE:GS) deems “helpful” for the transition of high emitters.
Greenpeace said it’s suing the European Union’s executive over its decision to grant some gas and nuclear power stations a “fake” green label under EU sustainable finance rules.
