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Xinhua News Agency


  Home > Xinhua News Agency


EU initiative on green finance wins global support of financial sector


 


 July 20th, 2017  |  09:21 AM  |   2207 views

LONDON

 

 

The Global Green Finance Council (GGFC) announced on Wednesday that it would support the European Commission's High Level Expert Group (HLEG) on sustainable finance.

     The International Capital Markets Association (ICMA) in London, which is the secretariat for the GGFC, said that the GGFC will actively support the work of the HLEG and help achieve its shared objectives.

     Martin Scheck, chief executive of the ICMA, said: "The members of the GGFC are committed to help bring about a financial system that fully integrates stainability objectives."

     The GGFC has gathered together mainly the financial sector's trade associations to coordinate green finance initiatives, and to pursue a dialogue on green policy issues with the official sector.

     The GGFC is cooperating on a number of projects including Green Lending Principles and a directory of the Global and European Green Finance Policy Initiatives.  Enditem

 


 

Source:
courtesy of XINHUA NEWS AGENCY

by Xinhua News Agency

 

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