19 Jan 2017
NIB invited as observer to EU High-Level Expert Group on sustainable finance
As of January 2017, NIB is participating as observer to the High-Level Expert Group that is assigned to provide recommendations for the European Commission on sustainable finance as a follow-up on the EU’s 2030 Agenda for sustainable development.
The expert group has been set up for a year to identify measures to integrate sustainability considerations into the EU rules for the financial sector. The group consists of twenty policy leaders from civil society, the finance sector and academia. It will start meeting in January 2017. By the end of the year, the group will provide a report containing a set of operational recommendations for the European Commission. This marks an important step in the follow-up to the EU’s 2030 Agenda for sustainable development as well as the Paris Agreement on climate change.
As international institutions contributing to the development of sustainable finance, NIB, the European Investment Bank, the European Environment Agency, the United Nations Environment Programme and a number of other organisations have been invited as observers to the expert group.