EU Financial Groups Form New Body To Push Green Finance

Law360, London (June 24, 2020, 5:26 PM BST) -- European trade bodies representing the banking, accountancy and investment sectors are working with climate change organizations to form an "informal" lobby group before changes are made to the European Union's green finance laws.

The new group identified as its top areas of interest planned changes to the Non-Financial Reporting Directive, the improvement of governance and the development of mandatory reporting requirements. The directive is central to the priorities of the EU, which wants to bring in new sustainable finance laws as part of its broader Capital Markets Union project.

Trade bodies including the Association of Chartered Certified Accountants and Accountancy Europe said...

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