Mr Jose Luis Blasco has been elected on behalf of EFFAS to participate in the Technical Expert Group on Sustainable Finance which will start meeting as of July 2018 and its mandate will run until 30 June 2019, with possible extension until the end of 2019.
As part of its work on implementing the action plan on sustainable finance, the Commission set up a Technical Working Group on Sustainable Finance in spring 2018. The main tasks of the Group are to assist the Commission in the development of
- an EU taxonomy of environmentally sustainable economic activities
- an EU Green Bond Standard
- a category of "low carbon" indices for use by asset and portfolio managers as a benchmark for a low carbon investment strategy
- metrics allowing improving disclosure on climate-related information.