Action Plan: Financing Sustainable Growth

Author (Corporate)
Series Details COM (2018) 97
Publication Date 08/03/2018
Content Type


Communication published by the European Commission on 8 March 2018, which sets out a strategy for a financial system that is able to support the European Union's climate and sustainable development agenda.

Further information:

The Communication sets out a roadmap to boost the role of finance in achieving a well-performing economy that delivers on environmental and social goals as well. The Action Plan on Sustainable Finance is part of the Capital Markets Union's (CMU) efforts to connect finance with the specific needs of the European economy to the benefit of the planet and our society. It is also one of the key steps towards implementing the Paris Agreement and the EU's agenda for sustainable development.

The Action Plan followed up on the recommendations set out by the final report of the High-Level Group (HLEG) on sustainble finance. It was also discussed at a high-level conference on sustainable finance held on 22 March 2018.

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Commentary and Analysis
The Economist, 22/03/2018: The EU wants to make finance more environmentally friendly

EurActiv, 08/03/2018: Europe takes first step toward clarifying booming ‘green’ finance
Reuters, 08/03/2018: EU and asset managers clash over 'sustainable' investing plan
Politico, 08/03/2018: Europe’s plan to turn banks green

European Commission: Press Release, 08/03/2018: Sustainable finance: Commission's Action Plan for a greener and cleaner economy
European Commission: Frequently asked questions: Action Plan on financing sustainable growth (8 March 2018)
European Commission: Opening remarks by Vice-President Dombrovskis on the Action Plans on Sustainable Finance, FinTech and a proposal for a Regulation on Crowdfunding (8 March 20
European Commission: Events, 22/03/2018: High-level conference: Financing sustainable growth
European Commission: Press Release, 22/03/2018: Sustainable Finance: High-Level Conference kicks EU's strategy for greener and cleaner economy into high gear
European Commission: Welcoming remarks by Vice-President Dombrovskis to open the Sustainable Finance Conference (22 March 2018)
European Commission: Speech by Climate Action and Energy Commissioner Miguel Arias Cañete at the High-Level Conference on Sustainable Finance: Future perspectives: sustainable finance as part of wider climate agenda (22 March 2018)
European Commission: Speech by Vice-President Dombrovskis at the High-Level Conference on Financing Sustainable Growth (22 March 2018)
European Commission: Speech by Vice-President Katainen at the High-Level Conference on Financing Sustainable Growth - 'Sustainable finance within the Commission's Agenda promoting sustainability' (22 March 2018)
European Commission: Keynote speech by President Jean-Claude Juncker at the High-Level Conference on Financing Sustainable Growth (22 March 2018)

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