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EU's Sustainable Finance Platform kicks off

The EU’s newly established Sustainable Finance Platform held its first meeting from 15 to 16 October. The Platform, based on a new EU regulation, consists of experts on environmental, sustainable finance and human rights.

It will advise the European Commission on criteria and standards related to what constitutes green investments. The Platform will work initially for two years. FRA is in particular contributing to a sub-group on social taxonomy, which will explore reinforcing social criteria. This includes taking the UN Guiding Principles on Business and Human Rights into consideration, as well as human rights conventions.