|Author (Corporate)||European Commission: DG Financial Stability Financial Services and Capital Markets Union|
|Series Details||COM (2021) 188|
Communication published by the European Commission on 21 April 2021, providing an overview to a package of measures on sustainable finance.
The package of measures is aimed at improving the flow of money towards sustainable activities across the European Union. The measures should enable investors to re-orient investments towards more sustainable technologies and businesses.
The set of initiatives was put forward in the forward of the European Green Deal and the implementation of its objectives. As part of that effort, the European Commission argues that companies require a comprehensive sustainability framework to change their business models accordingly. The package is aimed at ensuring the transition in finance and preventing greenwashing. It is intended at enhancing the reliability and comparability of sustainability information.
This Communication - published by the European Commission on 21 April 2021 - provides an overview on the approach adopted by the European Commission by tabling the following measures:
|Subject Categories||Business and Industry, Economic and Financial Affairs, Environment|
|Subject Tags||Capital Markets Union [CMU], Climate Change, Financial Services, Sustainable Development|
|International Organisations||European Union [EU]|