8

rezultat(e)

Cuvânt (cuvinte)
Tipul publicației
Domeniul tematic
Cuvânt-cheie
Data

Sustainable finance – EU taxonomy: A framework to facilitate sustainable investment

27-07-2020

In March 2018, the European Commission presented an action plan on sustainable finance, in order to facilitate investments in sustainable projects and assets across the EU. In May 2018, the Commission put forward a package of three proposals, including measures to create a sustainable taxonomy for the EU; provide clarity on how environmental, social and governance factors can be taken into account for investment decisions; and establish low-carbon benchmarks. The first proposal focuses on establishing ...

In March 2018, the European Commission presented an action plan on sustainable finance, in order to facilitate investments in sustainable projects and assets across the EU. In May 2018, the Commission put forward a package of three proposals, including measures to create a sustainable taxonomy for the EU; provide clarity on how environmental, social and governance factors can be taken into account for investment decisions; and establish low-carbon benchmarks. The first proposal focuses on establishing a common language for sustainable finance (e.g. a unified EU classification system, or taxonomy) through a framework of uniform criteria, as a way to determine whether a given economic activity is environmentally sustainable. On 11 March 2019, the ECON-ENVI joint committee adopted a report on the Commission proposal, calling for a number of changes. On 28 March 2019, the Parliament adopted its position at first reading. After interinstitutional negotiations, on 17 June 2020, the Parliament adopted the compromise text at second reading. The final act was published in the Official Journal on 22 June, and applies as of 12 July although certain provisions apply only as of January 2022 or January 2023. Third edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

EU budgetary and financial response to the coronavirus crisis

20-05-2020

Within the limits of its powers, the EU has acted quickly to tackle the coronavirus pandemic and its consequences. Showing considerable flexibility, EU institutions have organised a package of measures (some already decided, others proposed or requested), to counter the crisis, drawing both on the EU budget and a wider economic package. Parliament is calling on the European Commission to propose a €2 trillion recovery package, distributed mostly through grants (over which Parliament will maintain ...

Within the limits of its powers, the EU has acted quickly to tackle the coronavirus pandemic and its consequences. Showing considerable flexibility, EU institutions have organised a package of measures (some already decided, others proposed or requested), to counter the crisis, drawing both on the EU budget and a wider economic package. Parliament is calling on the European Commission to propose a €2 trillion recovery package, distributed mostly through grants (over which Parliament will maintain scrutiny) rather than loans, and warns against the presentation of misleading figures. The recovery package should provide real funding to help those hardest-hit, and focus on climate mitigation, digitalisation and a new health programme. The Commission has committed to propose a comprehensive recovery plan, along with revised 2021-2027 MFF proposals, on 27 May 2020. In the meantime, France and Germany have suggested a €500 billion 'recovery fund'.

European Central Bank annual report 2018

05-02-2020

The Parliament will discuss the European Central Bank (ECB) annual report for 2018 during its February plenary session, in the presence of the ECB President, Christine Lagarde. The debate will be based on the own-initiative report of the Economic and Monetary Affairs Committee (ECON), which focuses on future monetary policy, review of the ECB toolkit, the move towards green central banking, and a stronger global role for the euro.

The Parliament will discuss the European Central Bank (ECB) annual report for 2018 during its February plenary session, in the presence of the ECB President, Christine Lagarde. The debate will be based on the own-initiative report of the Economic and Monetary Affairs Committee (ECON), which focuses on future monetary policy, review of the ECB toolkit, the move towards green central banking, and a stronger global role for the euro.

Sustainable finance and benchmarks: Low-carbon benchmarks and positive-carbon-impact benchmarks

20-01-2020

In May 2018, the European Commission presented a package of measures on the financing of sustainable growth. The package includes three proposals aimed at establishing an EU taxonomy on sustainable economic activities, improving disclosure requirements and creating a new category of financial benchmarks to help investors measure the carbon footprint of their investments. Financial benchmarks have an important impact on investment flows. Many investors rely on them for creating investment products ...

In May 2018, the European Commission presented a package of measures on the financing of sustainable growth. The package includes three proposals aimed at establishing an EU taxonomy on sustainable economic activities, improving disclosure requirements and creating a new category of financial benchmarks to help investors measure the carbon footprint of their investments. Financial benchmarks have an important impact on investment flows. Many investors rely on them for creating investment products, measuring their performance and devising asset allocation strategies. The Commission proposes to create a new category of benchmarks comprising low-carbon and positive-carbon-impact benchmarks, by amending the Benchmark Regulation. As the regulation is directly applicable, amending it would restrict the possibility of divergent measures being taken by the competent authorities at national level. Parliament voted in plenary on 26 March 2019 to approve the compromise text agreed in trilogue negotiations. Following approval of a corrigendum by Parliament in October, the Council adopted the text on 8 November 2019. The final act was signed on 27 November 2019, published in the Official Journal on 9 December and entered into force the following day. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Sustainable finance and disclosures: Bringing clarity to investors

15-01-2020

On 24 May 2018, the Commission published three proposals for regulations reflecting the EU's efforts to connect finance with its own sustainable development agenda. The proposals include measures to: create an EU sustainable finance taxonomy; make disclosures relating to sustainable investments and sustainability risks clearer; and establish low-carbon benchmarks. In particular, the proposal for a regulation on disclosures aims to integrate environmental, social and governance considerations into ...

On 24 May 2018, the Commission published three proposals for regulations reflecting the EU's efforts to connect finance with its own sustainable development agenda. The proposals include measures to: create an EU sustainable finance taxonomy; make disclosures relating to sustainable investments and sustainability risks clearer; and establish low-carbon benchmarks. In particular, the proposal for a regulation on disclosures aims to integrate environmental, social and governance considerations into the decision-making process of investors and asset managers. It also aims to increase the transparency duties of financial intermediaries towards final-investors, with regard to sustainability risks and sustainable investment targets. This should reduce investors' research costs as regards sustainable investments and enable easier comparison between sustainable financial products in the EU. Following agreement with the Council in trilogue, Parliament voted to adopt the agreed text at first reading on 18 April 2019. Because of the tight timeline for finalisation before the end of the parliamentary term, linguistic corrections to the voted text were needed. Under the corrigendum procedure, the ECON committee and subsequently the plenary endorsed the corrected text in October 2019, allowing the Council to adopt it at first reading. Signed on 27 November, the regulation entered into force on 29 December, and will become applicable as of March 2021. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Cross-border euro transfers and currency conversions: A step forward in favour of the single market

29-04-2019

Cross-border payments are crucial for the integration of the EU economy, and play an important role in ensuring that citizens and enterprises from all EU Member States enjoy the same rights offered by the single market. Since the introduction of the euro, the EU has launched various initiatives to reduce the cost of cross-border transactions, among them a set of single euro payments area (SEPA) standards, regulations on cross-border payments, and the Payment Services Directives. Nevertheless, cross-border ...

Cross-border payments are crucial for the integration of the EU economy, and play an important role in ensuring that citizens and enterprises from all EU Member States enjoy the same rights offered by the single market. Since the introduction of the euro, the EU has launched various initiatives to reduce the cost of cross-border transactions, among them a set of single euro payments area (SEPA) standards, regulations on cross-border payments, and the Payment Services Directives. Nevertheless, cross-border euro payments made in non-euro-area Member States are still subject to high fees. Furthermore, when paying with a card or making an ATM withdrawal in a country using a currency other than the euro, it is almost impossible to know exactly how much it is going to cost. On 28 March 2018, the European Commission presented a proposal for a regulation amending Regulation (EC) No 924/2009 on cross-border payments. Working through the legislative process, Parliament and Council reached agreement on an amended text, published in the Official Journal on 19 March 2019. The new regulation will make cross-border payments in euros cheaper across the entire EU, while also bringing more transparency to currency-conversion practices. Second edition. The ‘EU Legislation in Progress’ briefings are updated at key stages throughout the legislative procedure.

A framework to facilitate sustainable investment

20-03-2019

In May 2018, the Commission submitted a proposal to establish a common framework to facilitate sustainable investment. The proposal would launch a unified EU classification system to help determine whether an economic activity is environmentally sustainable. Under the Parliament's joint committee procedure, the ECON and ENVI committees have jointly adopted a report, expected to be voted in plenary in March.

In May 2018, the Commission submitted a proposal to establish a common framework to facilitate sustainable investment. The proposal would launch a unified EU classification system to help determine whether an economic activity is environmentally sustainable. Under the Parliament's joint committee procedure, the ECON and ENVI committees have jointly adopted a report, expected to be voted in plenary in March.

Cross-border payments and currency conversion charges

06-02-2019

In March 2018, the European Commission made a proposal for a regulation to review Regulation (EC) No 924/2009 on cross-border payments. It would lower the charges for cross-border payments in euros, and bring more transparency regarding currency-conversion fees. The Parliament and Council reached a negotiated agreement, which is scheduled to be voted by Parliament at first reading during the February plenary session.

In March 2018, the European Commission made a proposal for a regulation to review Regulation (EC) No 924/2009 on cross-border payments. It would lower the charges for cross-border payments in euros, and bring more transparency regarding currency-conversion fees. The Parliament and Council reached a negotiated agreement, which is scheduled to be voted by Parliament at first reading during the February plenary session.

Evenimente viitoare

29-09-2020
EPRS online Book Talk | Working for Obama and Clinton on Europe [...]
Alt eveniment -
EPRS
27-10-2020
EPRS online Book Talk | Beyond Christendom - The politics of religion in Europe today
Alt eveniment -
EPRS
09-11-2020
EPRS online Book Talk | The revolutions of 1989-90 thirty years on [...]
Alt eveniment -
EPRS

Parteneri