Objectives of the session
The objective of the session is to describe the progress made by existing EU ESG initiatives and assess the efficiency of these strategies, which are a complex combination of forward-looking targets, transparency tools, governance arrangements, financing/risk reduction facilities and – last but not least – incentivisation frameworks.
The ultimate objective of the session is to identify possible needs for policy action in order to appropriately balance progressing toward each ESG ambition and smoothing related transition paths in the EU.
Points of discussion
What are the main features of the EU Action Plan on Financing Sustainable Growth and the progresses achieved so far by? What are the likely impacts of these progresses on the achievement of the EU targets for energy transition and decarbonation? What are the specific challenges posed by the transition of EU citizens and SMEs? What are the remaining challenges notably regarding the operationalisation of the various regulatory pieces?
What are the main features of the national and EU level incentive frameworks (prudential requirements, carbon price, national tax incentives…) regarding climate transition? What is their observed contribution to further progressing toward EU climate related targets?
What are the necessary steps required to further reinforce all ESG aspects in addition to the efforts made on climate related transition? What should be the subsequent priorities for the new EU Commission and Parliament?