European Commission publishes progress report on monitoring
capital flows to sustainable investment.
In light of the climate and environmental targets set by the
European Union (EU), particularly that of reducing greenhouse gas
emissions by 55% by 2030, the EU has committed to scale up
investments in sustainable activities by 2030 by at least
two-thirds, relative to average levels mobilised during the last
decade.
From establishing a regulatory framework to monitoring capital
flows
Against this backdrop, the EU has, over several years,
established a sustainable finance regulatory framework with a view
to facilitating the flow of capital into sustainable investments.
While the introduction of a sustainable finance regulatory
framework has been a significant step forward in support of the
objectives of the European Green Deal, in view of the critical
targets at hand, it is imperative to take stock of the extent to
which capital flows are indeed being redirected
