ACPR Establishes Climate and Sustainable Finance Committee

The committee has been tasked with addressing issues related to financing of the transition to a low-carbon and sustainable economy for institutions falling within its field of competence. It will promote a constructive dialog between all stakeholders on measuring and communicating commitments on the sustainable finance agenda, to ensure comparability and follow-up over time. The committee will also contribute to the development of methodologies for treatment of these commitments jointly with the Autorité des marchés financial institutions (AMF). It has been mandated to contribute to the work of ACPR, particularly in the form of proposals for the joint report published with AMF. This joint report will contain recommendations to improve the monitoring of the commitments and to develop the tools and regulatory framework for development of sustainable finance. 

Related Link (in French): Notification (PDF)

Keywords: Europe, France, Banking, Climate and Sustainable Finance Committee, Sustainable Finance, ESG, Climate Change Risk, ACPR