Legal & Regulatory News
European Securities and Markets Authority publishes sustainable finance roadmap for 2022-2024
11 February 2022On 11 February 2022, the European Securities and Markets Authority (ESMA) published its 'Sustainable Finance Roadmap 2022-2024' (the Roadmap), which builds upon ESMA's 2020 'Strategy on Sustainable Finance'. The Roadmap identifies three areas of priority for ESMA:
- tackling greenwashing and improving transparency;
- building National Competent Authorities' and ESMA's sustainable finance capacities; and
- monitoring, assessing and analysing ESG-related markets and risks.
The Roadmap also includes a list of planned activities and deliverables in the Annex which cover a range of areas, including: investment management; investment services; issuers' disclosure and governance; benchmarks; ratings; trading and post-trading; and financial innovation.
ESMA will keep the Roadmap, including the identified priorities and the sectors of focus, under review during the implementation period from 2022 to 2024.
Click here to access the roadmap.