EIT Climate-KIC selected to advise European Commission on sustainable finance

In The News 14 Oct 2020

The newly created EU Platform on Sustainable Finance brings together 50 experts from civil society, industry and academia to develop sustainable finance policies and tools to tackle the urgency of the sustainability transition in Europe.

In addition to Sandrine Dixson-Declève (Co-president of the Club of Rome and member of EIT Climate KIC’s Advisory Board), who will sit as a permanent representative of the EU Platform on Sustainable Finance, EIT Climate-KIC will be represented by Felicity Spors, Daniel Zimmer, Cliona Howie del Rio, Salvatore Martire, Lavinya Kugaswaran and Julie Calkins, who are bringing expertise in taxonomy, biodiversity, circular economy, forestry and agriculture.

For the next two years, the group will advise the Commission on:

  • The development of robust and science-based technical screening criteria for the EU taxonomy
  • The review of the Taxonomy Regulation
  • The monitoring and reporting of capital flows towards sustainable investments
  • Sustainable finance policy development

The establishment of the Platform is a component of the EU Taxonomy for sustainable activities, which focuses on classifying economic activities that are environmentally sustainable and will contribute to the implementation of the renewed Sustainable Finance Strategy currently being developed by the European Commission.

EIT Climate-KIC is working to accelerate the transition to a sustainable, resilient and prosperous future and recognises the importance of the EU’s Sustainable Finance Taxonomy as a critical tool to help investors, companies, issuers and project promoters navigate the transition.

See the full list of selected members.

 
Location
Related Focus Area
Decision Metrics & Finance
Related Goal
Goal 12: Foster bankable green assets in cities

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