When the European Commission launched the action plan for the creation of a Capital Markets Union (CMU) in mid-September 2015, legislative initiatives on Sustainable Finance comprised a mere 219 words.
Central building blocks
The 2020 Taxonomy Regulation is at the heart of Sustainable Finance.
The financial sector is also covered by the regulation on Climate Transition Benchmarks, the Sustainable Finance Disclosure Regulation, the European Green Bond Regulation …
With a view to financing the transformation to a sustainable economy, Sustainable Finance is intended to redirect financial flows towards sustainable economic activity more effectively than in the past. Here, securitisation can and should make a contribution.