German NGOs welcome report by EU expert group on sustainable finance
NGOs / European Commission
German NGOs, including Germanwatch and WWF, say the recommendations contained in the final report by the EU’s High-Level Expert Group on Sustainable Finance (HLEG) are a “key step toward using the finance market’s leverage effects for climate protection.” The HLEG report has sent an “important signal to the coalition negotiators”, as the blueprint for the talks between Angela Merkel’s CDU/CSU alliance and the Social Democrats (SPD) had “completely missed out on” integrating aspects of sustainability in finance policy, the NGOs say in a statement.
Find the Germanwatch statement in German here, and the Commission press release in English here.
Also read the CLEW article Private climate finance under scrutiny on eve of Paris summit.
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