Presidency of the Council of the European Union
EU member states reach consensus on classification of sustainable investments

Ministry of Finance 25.9.2019 11.53
Press release

The classification system would help compare the sustainability of different investments and direct capital towards environmentally more sustainable ones.

The EU ambassadors confirmed in the Committee of Permanent Representatives (Coreper) on 25 September that the member states had reached political agreement on the proposed regulation. Finland’s Presidency can now launch trilogue negotiations with the European Parliament and the European Commission.

Council of the European Union
Sustainable financing: Classification system for sustainability of investments (EU2019FI backgrounder)

Inquiries:

Marianna Uotinen, Senior Specialist, tel. +32 473 523 119, Permanent Representation of Finland to the European Union, marianna.uotinen(at)formin.fi (Brussels)
Milla Kouri, Financial Specialist, tel. +358 50 599 3516, Ministry of Finance, milla.kouri(at)vm.fi (Helsinki)