FFI gives feedback on the TEG consultation on EU sustainable investments taxonomy

Finance Finland (FFI) and its member organisations welcome the EU’s sustainable finance agenda. The idea of directing more investments to sustainable economic activities has gained wide support among the Finnish market participants.

FFI considers it important to help these kinds of investments reach a higher volume, to enable different companies to benefit from the opportunities of sustainable finance, and to build the agenda incentives-based and dynamic to allow future developments.

The biggest challenge is to make the system credible and science-based, while avoiding excess complexity. Furthermore, the taxonomy regulation should not overlap and diverge from what is already regulated, nor from the general principles on which the sustainable finance action plan is based on.

Read the full position paper presenting the views of FFI and its members.