EBA: Publishes its roadmap on sustainable finance
- EBA published its roadmap outlining the objectives and timeline for delivering mandates
- The roadmap explains the sequenced and comprehensive approach over the next three years to integrate ESG risks
- Numerous legislative acts and initiatives allocate new mandates and tasks in the area of sustainable finance and ESG risks
- Most of these mandates and tasks are closely linked to the broader objective of contributing to the stability
- These mandates and tasks cover the three pillars of the banking framework, i.e., market discipline, supervision
- The roadmap ensures the continuity of actions assumed under the previous action plan while accommodating the necessary adjustments
