On February 8, 2023, the European Commission announced its members for the new mandate of the Platform on Sustainable Finance via a published list. The Platform on Sustainable Finance is an advisory body that is “subject to the Commission’s horizontal rules for expert groups”,[1] and will advise the Commission on the implementation and usability of the EU taxonomy with three leading deliverables, including:

1. “advising on the usability of the EU taxonomy and wider sustainable finance framework
2. advising on the technical screening criteria for the EU taxonomy
3. monitoring capital flows into sustainable investments”

The Platform consists of 28 members, five observers with environmental and sustainable finance expertise reigning from the private sector, seven directly re-appointed permanent members stemming from EU agencies and bodies, nine EU institutions and international organization sitting as observers, and Helena Viñes Fiestas as appointed Chair (inter alia Commissioner of the Spanish Financial Markets Authority and a member of the UN High-Level Expert Group on Net Zero Pledges).

More information on the Platform on Sustainable finance can be found here and on the Platform’s website here.

[1] See, Platform on Sustainable Finance, European Commission, at: https://finance.ec.europa.eu/sustainable-finance/overview-sustainable-finance/platform-sustainable-finance_en#introduction.