An action plan on sustainable finance aims to boost the role of finance in achieving the EU's goal of a more sustainable economy. The roadmap builds on the recommendations set out by the High-Level Expert Group on sustainable finance. The Commission formed this group a year ago to come up with ways in which the financial sector could support the transition to a low-carbon and more sustainable economy. The action plan is part of the EU's project for a capital markets union. It is also a key step towards implementing the Paris Agreement and the EU's agenda for sustainable development.   

A second action plan aims to enable the EU financial sector to make use of the rapid advances in new technologies that are transforming the industry and revolutionising the way people access financial services. The Commission is also putting forward new rules to help crowdfunding platforms scale-up across the EU's single market. This should allow European businesses and investors to benefit from the opportunities offered by crowdfunding.

Read more on the action plans on sustainable finance and FinTech