The EU’s actions on sustainable finance will not be fully effective unless additional measures are taken to price in the environmental and social costs of unsustainable activities, says the European Court of Auditors in a report on sustainable finance published on Monday 20 September.
“Unsustainable business is still too profitable”, Eva Lindström, the member of the Court of Auditors responsible for the report, told some journalists. One of the main problems identified in European...