CONTRIBUTION TYPE A LA SUSTAINABLE FINANCE STRATEGY

The document outlines a step-by-step process for participating in an EU consultation and provides template answers advocating for stricter regulations on the financial sector. It argues for the creation of a 'brown taxonomy' to identify and exclude fossil fuels and polluting activities, the implementation of a 'social taxonomy' to protect labor rights, and the alignment of all EU financial activities with the 1.5°C goal of the Paris Agreement. It specifically suggests that the European Central Bank's monetary policy and post-COVID-19 recovery measures should exclude the most polluting sectors.

• The document argues that EU consumers lack sufficient information regarding how sustainability criteria are integrated into financial products, and that information for non-specialists is often "inaccessible, souvent incomplète et incompréhensible".
• To prevent greenwashing and align with the Paris Agreement's 1.5°C target, the document suggests the EU establish a common, binding framework to classify and exclude fossil fuels and the most polluting activities.
• The guide proposes three systemic changes to align the financial system with the Paris Agreement: the creation of a "brown taxonomy" to identify activities accelerating climate change and biodiversity loss, a law prohibiting the financing of new fossil projects incompatible with a 1.5°C trajectory, and a "social taxonomy" to identify and divest from activities violating essential social norms, such as trade union rights.
• The document recommends that the European Central Bank (BCE) modify its monetary policy, specifically its Quantitative Easing (QE) and COVID-19 programs, to exclude the most polluting sectors, including coal, gas, oil, new fossil projects, and industrial agrochemical agriculture.

APA

Reclaim Finance (n.d.). CONTRIBUTION TYPE A LA SUSTAINABLE FINANCE STRATEGY. https://reclaimfinance.org/site/wp-content/uploads/2020/06/CONTRIBUTION-TYPE-A-LA-SUSTAINABLE-FINANCE-STRATEGY.pdf

Chicago

Reclaim Finance. CONTRIBUTION TYPE A LA SUSTAINABLE FINANCE STRATEGY. n.d. https://reclaimfinance.org/site/wp-content/uploads/2020/06/CONTRIBUTION-TYPE-A-LA-SUSTAINABLE-FINANCE-STRATEGY.pdf.

Wikipedia

{{cite report |author=Reclaim Finance |title=CONTRIBUTION TYPE A LA SUSTAINABLE FINANCE STRATEGY |url=https://reclaimfinance.org/site/wp-content/uploads/2020/06/CONTRIBUTION-TYPE-A-LA-SUSTAINABLE-FINANCE-STRATEGY.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{reclaimfinancendcontribution, author = {{Reclaim Finance}}, title = {{CONTRIBUTION TYPE A LA SUSTAINABLE FINANCE STRATEGY}}, institution = {Reclaim Finance}, url = {https://reclaimfinance.org/site/wp-content/uploads/2020/06/CONTRIBUTION-TYPE-A-LA-SUSTAINABLE-FINANCE-STRATEGY.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }