EU Finance news in brief
![](https://ec.europa.eu/newsroom/repository/picture/2021-18/news_84870.jpg)
date: 29/04/2021
Sustainable finance
EU taxonomy will help companies and investors know whether their investments and activities are really green
What? The European Commission adopts a comprehensive package of measures to help channel more private capital into green investments.
When? 21 April 2021.
Why? The EU has taken major steps in recent years to reform the financial system to make it more sustainable and better able to contribute to the transition towards a climate-neutral Europe. This package of measures, by enabling investors to invest in sustainable technologies and businesses, will contribute to making Europe climate neutral by 2050. The package is comprised of: the EU taxonomy climate delegated act; a proposal for a corporate sustainability reporting directive; and six amending delegated acts.
Want to know more? More information on the sustainable finance package