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Feedback on the Second Version of the Ecolabel Criteria for Financial Products

According to our findings, the draft criteria of the Ecolabel on Financial Products are still misaligned with the requirements of the Ecolabel Regulation.

To address these shortfalls, we recommend pausing the development of the Ecolabel for financial products; exploring the development of an “environmental impact” label; and making stronger efforts to prevent political interference in technical work.

About our funders: To produce this report, 2° Investing Initiative received funding from the European Union’s Life IP programme under grant agreement No LIFE18/IPC/FR/000010 A.F.F.A.P. This work reflects the authors’ views only, and the funders are not responsible for any use that may be made of the information it contains.