European Commission, COM/2020/456 final, “Europe's moment: Repair and Prepare for the Next Generation”. European Commission, COM/2021/550 final, “Fit for 55: delivering the EU's 2030 Climate Target on the way to climate neutrality”. European Commission, “Contribution to the Green Deal and the Just Transition Scheme”. Available at: https://europa.eu/investeu/contribution-green-deal-and-just-transition-scheme_en I. Visco, “Roundtable on Financing Carbon Neutrality”, BOAO FORUM FOR ASIA - Annual Conference, April 2021.
Many banking industry representatives are afraid that this last package of reforms will create a new set of burdens. I see it the other way around: these reforms are necessary, as they complement and round out the Basel reform process.