EU Platform on Sustainable Finance

Last hours to register for the EU Platform on Sustainable Finance webinar on the latest report: "Streamlining sustainable finance for SMEs". Thursday 27 March 16:00 - 17:00 CET Link to register: https://lnkd.in/euKv8rzz During this webinar, you will hear from: 📍 Chair of the Platform, Helena Viñes Fiestas 📍 Gerhard Huemer from SMEunited 📍 Merilin Hörats-Beasley and Lievijne Neuteboom from European Investment Fund (EIF) 📍 Sophie Asselot from Groupe BPCE 📍 Ulla Hudina from DG GROW at European Commission 📍 Jan Greitens Join an exciting and timely discussion about how to ensure that European SMEs benefit from the EU sustainable finance framework, build resilience, while avoiding excessive burdens! #sustainability #sustainablefinance #finance #SMEs #smes #eutaxonomy #taxonomy #csrd #omnibus

🚀 New report! Today, EU Platform on Sustainable Finance publishes a report on “Streamlining Sustainable Finance for SMEs” Link to the report: https://lnkd.in/e2TryNdR The report proposes a tailored, streamlined approach to help SMEs and their lenders or financiers voluntarily demonstrate SMEs’ environmental sustainability performance — the "SME Sustainable Finance Standard." The standard is a tailored, streamlined framework for banks and other financial institutions to classify loans or other types of financing provided to SMEs as sustainable finance, while simplifying related voluntary disclosures provided by SMEs. The standard allows SMEs to disclose to their financiers their key performance indicators and demonstrate their climate-related efforts, making it easier for financial institutions to assess and support SMEs through an online tool that is suited to SME needs and capacities. The voluntary reporting would also help address the data gap related to SMEs in the absence of mandatory reporting obligations and standards. On Thursday, 27 March at 16:00 CET the Platform will host a webinar focused on the recommendations outlined in the report. To join the discussion, please register via the following link: https://lnkd.in/euKv8rzz #sustainability #sustainablefinance #finance #eutaxonomy #SMEs #SMEreporting

📢 𝗘𝘃𝗲𝗻𝘁 𝗿𝗲𝗰𝗮𝗽: 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝘁𝗵𝗲 𝗘𝗨 💬 On 19 March, Eurosif, in collaboration with the EPP group, organised a panel discussion on financing sustainable growth in the EU for industrial decarbonisation and competitiveness, bringing together EU policymakers, investors and the real economy. 🤝 We extend a special thanks to Radan Kanev MEP for hosting this event and to his team for their great efforts in organising the panel discussion and for helping to ensure it was a success! 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 🧭 Regulatory #simplification is welcome but should not result in #deregulation. The Omnibus I proposals aim to reduce corporate reporting burdens, but significant changes proposed so soon after the rules were adopted creates regulatory uncertainty and penalises first movers.   🌱 Companies are implementing EU sustainable finance rules, and these are starting to deliver results. EU laws and standards create consistency and comparability and support the growth of meaningful and credible sustainable investment flows. Other jurisdictions look up to the EU for leadership on sustainable finance and this position must not be abandoned.   📈 #Sustainability and #growth are not mutually exclusive. Sustainability and #ResponsibleBusinessConduct are the means to achieve sustainable value creation and foster #competitiveness.   💶 Sustainability disclosures (#CSRD, #ESRS) are key in allowing investors to scale-up investments for industrial decarbonisation & growth, bridging the annual investment gap of €800 billion estimated by the #Draghi report. The #CSRD should capture companies with over 500 employees, as set in the #NFRD adopted 10 years ago. #ESRS will benefit from simplification, but data points necessary for investors should be maintained. ☀️ Mandatory and meaningful #TransionPlans and #ClimateTargets are key to accelerating the economic transition to a low carbon economy.   🌱 The #EUTaxonomy is starting to deliver and already mobilised €250 billion in CapEx from large, listed EU companies in 2023. It has the potential to become a key tool for companies to develop their #TransitionPlans and monitor capital flows supporting the transition.   🌍 Corporate due diligence (#CSDDD) must retain its risk-based approach and remain aligned with the international standard #OECDguidelines and #UNGPs. 👏 Thank you to our panel of speakers for ensuring this was a lively discussion! 🔹𝗠𝗮𝗿𝘁𝗶𝗻 𝗠𝗲𝗿𝗹𝗶𝗻, Director - Financial Markets, DG FISMA, European Commission 🔹Lara Wolters, MEP (NL, S&D) 🔹Helena Viñes Fiestas, Chair of the Platform on Sustainable Finance 🔹Matt Christensen, Global Head of Sustainable and Impact Investing at Allianz Global Investors 🔹Elise Cachin, Head of Tech Policy and Regulatory Affairs, Nokia 🔹Nathalie Dogniez, Eurosif Chair 👏 Thank you also to all the participants! 💻 Watch a recording of the event here: https://lnkd.in/e4UvmS8d

📣 Platform webinar recordings now available on the European Commission website + a new webinar scheduled for 27 March on SMEs! 👉 Webinar on the report "Monitoring capital flows to sustainable investments": https://lnkd.in/eCJsWw-z 👉 Webinar on the report "Simplifying the EU taxonomy to foster sustainable finance": https://lnkd.in/ez3hAjEQ 👉 Webinar on the report "Building trust in transition: core elements for assessing corporate transition plans": https://lnkd.in/eqDKm_Xi ⏰ On Thursday, 27 March at 16:00 CET the Platform will host a webinar focused on its report "Streamlining Sustainable Finance for SMEs" which will be published this Friday, 21 March. To register for the webinar, please use the following link: https://lnkd.in/euKv8rzz #sustainability #sustainablefinance #finance #eutaxonomy #csrd #sfdr #omnibus #simplification #taxonomy #transition

We were very happy to have DG CLIMA and Jan Dusík join us the the event on Monday! The main takeaways will be shared next week along with the photos.

Join European Insurance and Occupational Pensions Authority (EIOPA) ‘s high-level Sustainable Finance Conference — starting NOW! 🌍 Discover the impressive work EIOPA is doing on climate and sustainable finance. It’s an honour to present the work of the EU Platform on Sustainable Finance. Learn about: ✔️ Taxonomy ✔️Natural catastrophe risk management ✔️ Climate stress testing ✔️ Solvency II sustainability risk plans Join the conference online on the events page 👉 https://lnkd.in/eqX_4zCw #SustainableFinance #ClimateAction #EIOPA

🚀 New report: Financing a Clean and Competitive Transition: Monitoring Capital Flows to Sustainable Investments Link to the report: https://lnkd.in/eW2e8RJ8 What were the goals of this report? 👉 To develop a methodological framework to monitor the flow of private capital into sustainable investments 👉 To track the overall progress on increased competitiveness and capital reallocation towards the Green Deal objectives What were the findings? 📍 The potential of equity instruments in financing the transition is not yet fully utilised 📍 Sustainable investments are gaining momentum. Taxonomy-aligned CapEx from large listed European firms reached EUR 250 billion in 2023, a 34% increase from the previous year. Half of this was directed toward enabling activities (+40% year-on-year) 📍 Beyond Taxonomy-aligned investments, additional transition-related capital flows are emerging. 📍 Debt financing dominates sustainable investment flows. 📍 Geographic disparities persist. Sustainable investments remain concentrated in Western and Northern Europe – particularly France and Germany – where green bond issuance and private savings are highest. Read the full report and follow the webinar later today at 11:00 CET - to register for the webinar, use this link: https://lnkd.in/epkNSYPz #sustainability #sustainablefinance #capital #investing #finance #eutaxonomy #omnibus

Today, EU Platform on Sustainable Finance hosted an event on “Financing a Competitive transition”. The key points discussed were the usefulness and use of disclosures, the stakeholder engagement across different sectors that the EU sustainable finanace agenda has initiated, and the fact that investors and major stakeholders value the data and insights generated by the Sustainable Finance framework. A more detailed synopsis of the event with all major points and insights will be posted on Thursday! 👏 A huge thanks to all the speakers and the Platform’s chair, Helena Viñes Fiestas for relentless work to communicate the Platform’s reports and insights, and to International Sustainable Finance Centre (ISFC) for organising the occasion. #sustainability #suatainablefinance #finance #eu #eutaxonomy #omnibus #sfdr #csrd

Last days to register for the EU Platform on Sustainable Finance webinar! When? ⏰ Tuesday, 11 March at 11:00 CET ❓ How to join? Register here: https://lnkd.in/epkNSYPz ❓ Who will you hear from? 📌 Chair of the Platform, Helena Viñes Fiestas 📌 Co-rapporteurs for sub-group 3, Karl-Oskar Olming from SEB and Bertrand Magné from European Investment Bank (EIB) 📌 Hélène Procoudine-Gorsky from CDP 📌 Julien Mazzacurati from European Securities and Markets Authority (ESMA) 📌 Carlos Eduardo Martins from ESM - European Stability Mechanism 📌 Camille Leca from Euronext 📌 Raphaël Jachnik from OECD - OCDE You will hear more about the new report "Financing a Clean and Competitive Transition: Monitoring Capital Flows to Sustainable Investments", its findings and what the data shows about the capital flows to different European industries, the types of instruments used, and the advantages of being able to monitor capital flows. #sustainability #sustainablefinance #finance #investing #eutaxonomy #europe #eu #capital #money #webinar

Next week, the EU Platform on Sustainable Finance will offer two opportunities to engage with the Platform members! 📆 Monday, 10 March, 16:00 - 19:30 CET: the Platform will host an in-person event in central Brussels, bringing together Platform members and a group of key stakeholders from finance and policymaking. To register your interest to attend the event in person, please submit your details here: https://lnkd.in/eq_uUf7m Some of the speakers include Helena Viñes Fiestas, Chair of the Platform, Didier Millerot, Head of Sustainable Finance Unit at the European Commission, Jean-Paul Servais, Chair of International Organization of Securities Commissions - IOSCO, Jan Dusík, Deputy Director General at DG CLIMA, Jos Delbeke, Yuval Laster from OECD - OCDE, Joerg Ladwein from Allianz, Nadia Humphreys from Bloomberg, Karl-Oskar Olming from SEB, and Bertrand Magné from European Investment Bank (EIB). Please note that spaces are limited; we will only be able to confirm a small number of additional attendees. 📆 Tuesday, 11 March, 11:00 - 12:00 CET: the Platform will hold a webinar to launch the report: "Financing a clean and competitive transition: monitoring capital flows to sustainable investments", during which you'll be able to ask questions and hear about the methodology and use cases for the monitoring of capital flows. Register to attend here: https://lnkd.in/epkNSYPz The Platform looks forward to an exciting week! #sustainability #sustainablefinance #eutaxonomy #event #brussels #europeancommission EU Economy and Finance