Proposed EU Ecolabel to allow up to 80% of fund assets to go into non-green equities

The EU’s nascent sustainable funds label has been amended after being described as ‘too ambitious and not achievable’

The European Commission (EC) has proposed reducing the minimum threshold for green equity investments and introduced a transition element for the planned EU Ecolabel for retail sustainable financial products after the first round of market feedback described the criteria as being…

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