In written answers to the EU Parliament ahead of its audition the EU Commissioner-designated Maria Luís Casanova Morgado Dias De Albuquerque said she will work “work to improve the overall usability” of the Union’s sustainable finance framework.
“If confirmed, I will work to improve the overall usability of the framework, reducing administrative burdens on companies, and streamline the framework to make it more usable by a broader range of actors, including SMEs, without undermining the core objectives and without giving rise to greenwashing,” she wrote. “I will build on the framework in place and work towards streamlining requirements to alleviate unnecessary burdens, without compromising on our common European Green Deal objectives. At this juncture, I understand that we do not need significant new requirements or regulations, but we probably need to adjust existing ones and fine-tune requirements and regulations to make them fit for purpose.”
Written responses available here