European Commission to set up Ecolabel subcommittee on green criteria as working group fails to reach consensus

The final Ecolabel criteria may be adopted as soon as 2021

The European Commission (EC) will appoint a subcommittee to determine the strictness of a soon-to-be-launched green certification scheme for retail investment funds.

The move comes after the working group of experts appointed to develop a certification criteria failed to reach a c…

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