What is sustainable finance?
Sustainable finance is a key driver of the transition to sustainable economic growth by taking into account considerations on Environmental, Social and Governance (ESG) issues for investment decisions. In the EU, initiatives to facilitate sustainable finance are an essential component of the European Green Deal.

EU regulatory framework
At the heart of the regulatory framework on sustainable finance in the EU is the taxonomy regulation. The regulation establishes a classification of sustainable economic activities in line with the so-called Do No Significant Harm principle.

The course presents the regulatory framework of sustainable finance in the EU. It introduces the EU taxonomy and related legislation on reporting requirements for financial and non-financial institutions stemming from the taxonomy. It further reflects on the challenges of applying these requirements and provides good practices of implementation in the Member States.

You will learn about

• The key legislative acts of the EU sustainable finance regulatory framework, taxonomy regulation, green bond standard, Corporate Sustainability Reporting Directive (CSRD) and Sustainable Finance Disclosure Regulation (SFDR).
• The “do no significant harm principle” which is an integral part of the taxonomy and increasingly applied areas beyond sustainable finance, cohesion policy and the
• The implementation of the taxonomy and the reporting and disclosure requirements through technical criteria and standards at the EU
• The challenges of implementing the regulatory framework in the Member States and good practices of national

Course methodology/highlights:
The course will be delivered online via Zoom. The sessions on the EU regulatory framework will be delivered by EIPA experts. The sessions on implementation will be delivered by experts involved in regulatory procedures and capacity-building to ensure practical applicability. All presentations will be followed by Q&A and discussion. Through interactive elements, participants are invited to engage with key questions and challenges.