The European Banking Federation has published its response to the European Commission’s consultation on the competitiveness of the EU banking sector, limited to the ESG-related elements of the questionnaire. The submission addresses consultation questions 26 and 95, which focus on factors that constrain EU banks’ ability to finance large-scale climate transition projects and on which parts of the EU legislative framework would need to be amended to deliver meaningful simplification.
European Banking Federation 2026-04-17
European Banking Federation publishes response to European Commission banking competitiveness consultation on ESG simplification and climate transition financing
The European Banking Federation has published its response to the European Commission’s consultation on the competitiveness of the EU banking sector, focusing solely on the environmental, social and governance elements. The submission addresses questions on constraints to EU banks’ ability to finance large-scale climate transition projects and on which parts of the EU legislative framework should be amended to achieve meaningful simplification.