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07 July 2021

BETTER FINANCE fully supports the Goals of the European Commission’s New Sustainable Finance Strategy and makes Suggestions to Maximize its


The European Commission has adopted a new ‘Strategy for Financing the Transition to a Sustainable Economy’. BETTER FINANCE commends the EC for this important step and fully supports its stated goals, especially the move towards ensuring more and better access for consumers to “transition finance”.




 

It is crucial that, as long-term and pension savers, EU citizens be allowed to engage directly or indirectly via their collective products (pension plans, mutual funds, etc.) with investee companies. […]

  • Besides “transition finance”, individual investors should also enjoy easier access to the new improved anti-greenwashing green bonds. […]
  • BETTER FINANCE welcomes the “clear and comparable sustainability information to prevent greenwashing”, but stresses that this should in no way excuse policymakers from addressing the “negative externalities” driving climate change and pollution. […]
  • Finally, BETTER FINANCE is pleased to note that the EC did not overlook the Governance part of ESG and that a review of the Shareholder Rights Directive 2 (SRD 2) may be on the table. […] — Read the full text here.

 



 



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