The monitoring of capital flows towards sustainable investments links with the implementation of the EU Taxonomy Regulation, and it was further specified in the EU Commission’s Sustainable Finance Strategy published in summer 2021. The Commission is taking various actions to step-up such monitoring. Under its new mandate, the Platform on Sustainable Finance, which is an advisory body of experts, is undertaking work on the monitoring of capital flows within a specific subgroup. Rapporteur(s) of the subgroup will present the methodology being developed to monitor capital flows towards sustainable investments, to measure achieved progress and trends, and to conduct a first analysis based on this methodology and available data. In addition, leveraging on the use of the Technical Support Instrument (TSI), the Commission will present how it supports several EU Member States in strengthening their public and private framework to enable the investment towards sustainable activities and addressing greenwashing. The discussions will also focus on the challenges and opportunities of such exercises at a non-technical level looking at how science can help provide effective and easy to read indicators, both at the country and the single firm level.
