On 20 August 2025, the European Securities and Markets Authority (ESMA) and the European Environment Agency (EEA) signed a Memorandum of Understanding (MoU) to strengthen collaboration between the two institutions in relation to sustainable finance.
The MoU notably incorporates the integration of environmental factors into the EU sustainable finance framework, including the supervision of the framework.
Key areas covered by the MoU include that parties will seek to:
- Strengthen and develop cooperation in areas of mutual competencies while considering relevant responsibilities;
- Co-operate in relation to the application and supervision of EU sustainable finance legislation;
- Facilitate collaboration at a national level;
- Share information in line with confidentiality requirements, internal policies and relevant laws.
The MoU once signed by both parties will remain in effect for four years and be automatically extended for an unlimited period of time unless objected from either party.