Tackling Greenwashing: ESMA publishes its Sustainable Finance Roadmap for 2022-2024

On 11 February, the European Securities and Markets Authority ("ESMA") published its Sustainable Finance Roadmap for 2022-2024 (the "Roadmap"). 

The Roadmap builds on ESMA’s 2020 Strategy for Sustainable Finance and will be of interest to those in the EU and beyond looking to understand the focus and ambition of the EU’s securities market regulator in this area.

The Roadmap identifies three main priorities:

• Tackling greenwashing and promoting transparency
• Building both National Competent Authorities’ ("NCAs") and ESMA’s capacities in the sustainable finance field
• Monitoring, assessing and analysing ESG markets and risks