European Commission mulls climate risk regulation
New green finance strategy could include new climate stress tests – Dombrovskis
The European Commission will assess whether any regulatory changes are needed in order to improve the reporting and monitoring of climate-related risks.
In remarks on November 6, vice-president Valdis Dombrovskis outlined the commission’s plan to combat climate change over the coming year.
“I plan to present an updated green financing strategy in the first half of next year, after consulting widely,” he said.
As part of the plan, the commission will look at whether improvements can be made to
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