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globe on grass
globe on grass ©Guillaume de Germain

Deal reached on taxonomy will support sustainable investments

17.12.2019

Quote from Bas Eickhout

A deal has been reached on a framework to facilitate sustainable investment. All financial products that make the claim that they contribute to environmental sustainability will have to prove this by disclosing the share of their investments into activities that are considered sustainable.


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Green investment
© Yury Kuzmin

Taxonomy deal not agreed today by Member States

11.12.2019

Sustainable Finance

The same day the Commission came forward with the "European Green Deal", Member States have not passed the Taxonomy deal agreed last Thursday. Member States will have another opportunity to revisit the deal on Monday.


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Reindustrialising-Europe
© Sigal Suhler Moran

Compromise on sustainable investment will boost greener economic activities

06.12.2019

Taxonomy

The European Parliament, Council and Commission have reached a compromise on a framework to facilitate sustainable investment, known as 'taxonomy'. This will create an EU classification framework for identifying which economic activities are sustainable will be created.


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European flag 530x390
© Alexander Briel

Greens/EFA Debriefing

01.06.2018

Plenary week, 28-31 May 2018

Greens/EFA priorities for the Strasbourg Plenary week included: Commission proposals on plastics, sustainable finance, sustainable fishing, Multiannual Financial Framework and cohesion policy, trade dispute on steel and aluminium tariffs, debate with Luxemburgish Prime Minister, posting of workers, reform of the CAP, objections to the authorisation of two GMOs


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money euro coins

Parliament backs Greens/EFA plans on sustainable finance

29.05.2018

Sustainable Finance

The European Parliament has today voted in favour today of an initiative report from Greens/EFA MEP Molly Scott Cato, setting out the parliament’s position on Sustainable Finance. The Greens/EFA group has successfully steered the parliament's position on the sustainability transition to include support for plans to extend the concept of stranded assets to include fundamental ecological systems and services such as unsustainable agriculture. The European Commission published its proposals on Sustainable Finance on 24 May.


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Hemicycle European Parliament Strasbourg
European Union

What's coming up in Parliament

25.05.2018

Strasbourg Flash - Plenary session 28-31 May 2018

A look ahead to next week's session in the European Parliament in Strasbourg and the Greens/EFA priority issues on the agenda


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money euro coins

Going green will future proof the finance sector

24.05.2018

Sustainable Finance

The European Commission has today published two proposals on Sustainable Finance. The first is a way of classifying the climate risks of various financial products ("taxonomy"). The second makes clear the responsibility of investment professionals towards the people whose money they are managing.


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