EU Relaxes Green Finance Regulations Amidst US ESG Rivalry
2025-04-02
Bloomberg
In a surprising move, the European Union has scaled back its sustainable reporting regulations, potentially limiting investors' access to crucial climate data and hindering their ability to drive capital towards a low-carbon energy transition. This rollback may undermine the EU's position as a global leader in sustainable finance policy, particularly as the US ramps up its own Environmental, Social, and Governance (ESG) efforts. The decision is likely to have significant implications for green investing and climate action, with investors relying on ESG metrics to inform their decisions.
