The Next Chapter of Sustainable Finance in the EU and Japan: Key Implications for Financial Market Actors and Industry

The EU and Japan have both recently made important progress in enacting key sustainable finance policies. The European Commission (EC) adopted a comprehensive package of measures in April 2021 to facilitate the flow of investments towards sustainable activities, which include the EU Taxonomy Climate Delegated Act, a Proposal for a Corporate Sustainability Reporting Directive (CSRD), and Amending Delegated Acts on sustainability preferences, sustainability amendments of rules on fiduciary duties, and product governance. The EC also adopted the renewed sustainable finance strategy, ‘Strategy for financing the transition to a sustainable economy’ in July 2021. In Japan, the Basic Guidelines on Transition Finance was published in May 2021 and the Expert Panel on Sustainable Finance delivered the “Report by the Expert Panel on Sustainable Finance,” laying out recommendations for policy actions needed to promote sustainable activities in Japan. 

This webinar will address the practical implications of these policy developments on financial institutions and the wider industry in the EU and Japan. Questions to be addressed include:
 -    What are the changes and challenges that we see as a result of these policies? 
 -    How will the financial sector practically implement sustainability risk disclosures? 
 -    What are the costs of getting to net-zero and the way ahead in the process of low-carbon transition? 

Discussions at the event will focus on how policy makers, industry actors and the financial sector can work together to encourage sustainable investments and drive demand for financial products and services that promote sustainable outcomes. This webinar will bring together key players from the EU and Japan policy makers, banks and investors in the EU and Japan.