Gustavo Bernal Torres
Investor Priorities for the EU Green Deal
The PRI’s report sets out recommendations to ensure that investors can scale up their contribution to the EU Green Deal and sustainability goals more broadly
Recently, the EU made substantial policy announcements including the launch of the European Green Deal Investment Plan, the Circular Economy Action Plan and the initial consultation on the revision of the Non-Financial Reporting Directive. In addition, the Technical Expert Group on Sustainable Finance made final recommendations on the EU Taxonomy and released an additional Usability Guide for the proposed EU Green Bond Standard.
The EU has sought a global leadership role on sustainability. Private finance is critical to the realisation of the EU’s sustainability ambitions. Despite the ongoing disruption caused by the COVID-19 pandemic, climate ambition remains high on the EU’s agenda and the forthcoming revised Action Plan on Financing Sustainable Growth seeks to be the most ambitious plan of its kind in the world.