Events listed in Sustainable Finance
Letter from European Commission on assessment of the financial system’s resilience ...
ID 22189
Following the „Strategy for Financing the Transition to a Sustainable Economy“, the European Commission has requested an „Assessment of the financial system’s resilience to stress in the transition to the EU’s 2030 goals for the reduction of greenhouse gas emissions“. This exercise will be conducted jointly by the European Supervisory Authorities (ESAs), the European Central Bank (ECB), and the European Systemic Risk Board (ESRB). ...
Dialogue actionnarial sur les questions environnementales et climatiques
ID 22177
The AMF issued a press release in the context of shareholder dialogues on environmental and climate issues. In its statement, the AMF emphasizes that companies subject to the obligation to publish a non-financial performance statement must include in the management report a detailed presentation of their business model, their organization, their environmental and climate policy, as well as social and societal information. This information ...
Publication de la Commission Climat et Finance Durable : résolutions climatiques
ID 22175
The AMF issued a prss release, informing that the Climate and Sustainable Finance Commission (CCFD) has released a position paper on climate resolutions, which outlines how members would like to see dialogue on climate issues in the General Assembly. The CCFD is made up of financial market players, companies, academics, experts, and representatives of civil society and helps the AMF carry out its regulatory ...
The climate and the economy
ID 22164
The European Central Bank (ECB) published a discussion paper in its „Working Paper Series: The climate and the economy“, examining the economic implications of climate change and the public policies being implemented to address it. The paper identifies key medium- and long-term effects on growth, innovation, inflation, financial markets, fiscal policy, and socio-economic outcomes. The authors argue that climate change will cause __income divergence, ...
Sustainable Finance in Europe: Regulatory State of Play
ID 22097
The Association for Financial Markets in Europe (AFME) has released an updated version of the “2021 Sustainable Finance in Europe: Regulatory State of Play“ report, which reviews the latest developments and their impact on banks and capital markets in Europe. The report focuses only on developments related to sustainable finance and does not cover areas of regulation that are impacted by new products and ...
AFME welcomes provisional agreement reached on European Green Bonds Standard
ID 22085
The Association for Financial Markets in Europe (AFME) has welcomed the provisional agreement on the establishment of an European Green Bonds standard. The agreement aims to establish a voluntary, science-based „gold standard“ for bonds funding activities aligned with the EU Taxonomy. AFME believes that the establishment of an EU standard for green bonds based on the Taxonomy Regulation should complement existing market standards, further ...
Industry Taskforce launches Third Consultation on Green and Transition Taxonomy
ID 21899
The Monetary Authority of Singapore (MAS) has published a news release to announce that the Green Finance Industry Taskforce (GFIT) has issued another, a third consultation paper as regards a Green and Transition Taxonomy in Singapore. To recall in a first consultation paper the Taskforce proposed a classification system for activities that are considered sustainable. The classification would be based on a „traffic-light” system ...
The TCFD Consortium has published „TCFD Guidance 3.0 Case Examples“
ID 21649
On 31 January 2023, the Task Force on Climate-related Financial Disclosures (TCFD) published Case Examples supplementing its Guidance on Climate-related Financial Disclosures 3.0 (TCFD Guidance 3.0). Back on 5 October 2022, the TCFD Consortium announced the release of the Guidance on Climate-related Financial Disclosures 3.0, with an aim of increasing corporate value and increasing the activity of financial and capital markets through the effective ...
ECB staff opinion on the first set of European Sustainability Reporting Standards
ID 21635
The European Central Bank, ECB, has published an ECB staff opinion on the first set of draft European Sustainability Reporting Standards (ESRS Set 1) developed by the European Financial Reporting Advisory Group (EFRAG) in response to the request of the European Commission (EC) and in accordance with the mandate set out in the Corporate Sustainability Reporting Directive (CSRD). The first set of ESRS, according ...
ESMA issues its first opinion on the draft European Sustainability Reporting ...
ID 21602
The European Securities and Markets Authority, ESMA, has published an opinion on the first set of draft European Sustainability Reporting Standards (ESRS Set 1) developed by the European Financial Reporting Advisory Group (EFRAG) in response to the request of the European Commission (EC) and in accordance with the mandate set out in the Corporate Sustainability Reporting Directive (CSRD). According to ESMA, ESRS Set 1 ...