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2022 | OriginalPaper | Buchkapitel

8. Financial Regulation for Sustainable Finance in the European Landscape

verfasst von : Lucia Alessi, Barbara Alemanni, Giovanna Frati

Erschienen in: Information as a Driver of Sustainable Finance

Verlag: Springer International Publishing

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Abstract

This chapter reviews and discusses the initiatives undertaken by the European Commission (EC) and the European Supervisory Authorities (EBA, ESMA and EIOPA) in the field of sustainable finance. It outlines the EC European Action Plan for financing sustainable growth, describing its rationale and the implementing measures taken so far, with a focus on the EU Taxonomy for sustainable activities. With respect to corporate sustainability-related information, it provides a summary of relevant EU legislation, affecting both non-financial and financial corporations. It also describes the EC Strategy for financing the transition to a sustainable economy, which will take existing actions forward and provide the needed policy tools to ensure a green recovery from the impact of the pandemic. It concludes with some reflections on how scientific research can support the development of science-based legislation in the area of sustainable finance and help policymakers to overcome the main challenges.

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Metadaten
Titel
Financial Regulation for Sustainable Finance in the European Landscape
verfasst von
Lucia Alessi
Barbara Alemanni
Giovanna Frati
Copyright-Jahr
2022
DOI
https://doi.org/10.1007/978-3-030-93768-3_8