Legal & Regulatory News

International Platform on Sustainable Finance launched

18 October 2019

The European Union, together with relevant authorities from Argentina, Canada, Chile, China, India, Kenya and Morocco, launched the International Platform on Sustainable Finance ("IPSF"). The IPSF aims to increase private sector funding in environmentally sustainable investments.

A separate document was also published which addresses the frequently asked questions ("FAQs"), and explains will, where appropriate, coordinate approaches and initiatives for the capital markets that are key to enabling private investors to identity and seize environmentally sustainable investment opportunities globally.

In particular, the IPSF will pursue the following three objectives:

  • exchange and disseminate information to promote best practices in environmentally sustainable finance;
  • compare the different initiatives and identify barriers and opportunities to help scale up environmentally sustainable finance internationally; and
  • while respecting national and regional contexts, enhance international coordination where appropriate on environmentally sustainable finance issues. Where appropriate, some willing members could strive to align initiatives and approaches.

Click here to access the joint statement on the IPSF.

Click here to access the FAQs.