Kamil Sekut

1 month ago | bruegel.org | Silvia Merler |Zsolt Darvas |Kamil Sekut |Nicolas Véron

The European Commission’s so-called first Omnibus package, published 26 February, has as its objective “unprecedented simplification” while keeping to the goals of the European Green Deal – the European Union’s net-zero plan – “enabling companies to access sustainable finance for their clean transition”. This is a complex trade-off. If adopted, the package could create risks for the underlying policy objectives of the European Green Deal and disrupt sustainable finance in two important ways.