On 18 December 2019, the Council of the EU (Council) published an ‘I’ Item note (dated 17 December 2019) on the proposed Regulation on the establishment of a framework to facilitate sustainable investment. Following negotiations between the Council and the European Parliament (Parliament), political agreement between the institutions was achieved on 17 December 2019 – a final compromise text is annexed to the note.

A related press release published on the same day explains that the next steps are for the proposed Regulation to be formally adopted by the Council and Parliament following the legal and linguistic revision of the text, pursuant to the early second reading agreement procedure.

The European Commission has also published a Q&A on the proposed Regulation.