Toward carbon neutrality: the role of the EU sustainable finance strategy

Geopolitical situation underlines the need to move away from fossil fuels

Letter to the editor

April 6, 2022 09:00 JST

European Commissioner for Financial Services Mairead McGuinness addresses reporters in Brussels on Feb. 2. In working toward a low-carbon future, the EU will phase out the highest-carbon energy sources like coal. © Getty Images

From John Berrigan, director-general of the Directorate-General for Financial Stability, Financial Services and Capital Markets Union of the European Commission.

More and more countries are committed to a safer, resilient, climate-neutral world. I am proud to say that Europe is fully involved in this race to zero. This is what our European Green Deal is about.