Strategy for Financing the Transition to a Sustainable Economy (EU Sustainable Finance Strategy)

The strategy outlines how the European Union intends to align finance flows with its climate-neutrality and sustainability goals by 2050. It builds on the existing sustainable-finance framework (taxonomy of sustainable activities, mandatory disclosures, investment tools) and sets four priority action areas: (i) financing the real-economy transition including recognition of transitional activities; (ii) expanding access to sustainable finance for retail investors, SMEs and households; (iii) enhancing resilience and the financial sector’s contribution to sustainability through double-materiality risk integration; and (iv) strengthening global ambition and cooperation in sustainable finance.