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Update greenlaundering.md
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germakoci authored Jul 22, 2024
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title: GreenLaundering
intro: Banks are investing billions in some of the world's biggest carbon emitters using environmentally friendly labels.
description: More than four thousands funds in Europe invest 87 billions euros in the 200 most polluting companies. Such investments are being marketed as green under a faulty EU’s Sustainable Finance Disclosure Regulation (SFDR). EU-regulated "green funds" have been marketing investments in the world's largest carbon or greenhouse gas emitting companies. Their “green” operations are in fields with the most carbon-intensive economic sectors such as oil, gas and coal, aviation, steel production, agribusiness and fashion. Read more about the EU GreenLaundering across the EIC network members and partners.
description: More than four thousands funds in Europe invest 87 billions euros in the 200 most polluting companies. Such investments are being marketed as green under a faulty EU’s Sustainable Finance Disclosure Regulation (SFDR). EU-regulated "green funds" have been marketing investments in the world's largest carbon or greenhouse gas emitting companies. Their “green” operations are in fields with the most carbon-intensive economic sectors such as oil, gas and coal, aviation, steel production, agribusiness and fashion. Read more about the EU GreenLaundering stories across the EIC network members and partners. [Published 25.06.2024]
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- lang: "[FR, EN, ES]"
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