First published on
28 October 2016 (last update on: 3 July 2020)
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As announced in its communication on Capital Markets Union – Accelerating reform, the European Commission established a High-level expert group on sustainable finance (HLEG) in December 2016.

The HLEG comprised 20 senior experts from civil society, the finance sector, academia and observers from European and international institutions. The group was mandated to provide advice to the Commission on how to

  • steer the flow of public and private capital towards sustainable investments
  • identify the steps that financial institutions and supervisors should take to protect the stability of the financial system from risks related to the environment
  • deploy these policies on a pan-European scale

Interim report of the HLEG

The interim report was published on 12 July 2017.

Final report of the HLEG

The final report was delivered on 31 January 2018.

History of the HLEG

Related information

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    The EU is examining how to integrate sustainability considerations into its financial policy framework in order to mobilise finance for sustainable growth