💨 Abstract

The European Commission is planning to simplify sustainability reporting rules to ease red tape in green finance, but investors with 6.6 trillion euros in assets have urged Brussels not to weaken the rules, as they fear it could hinder investments in eco-friendly industries and create regulatory uncertainty. The Commission aims to counteract U.S. President Donald Trump's deregulation push and respond to calls from struggling industries for less red tape.

Courtesy: theprint.in

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