June 4, 2026

Sustainable Finance: Brussels Aims to Omit Fossil Fuels from ‘Green’ Funds

November 20, 2025
92181

Brussels – On Thursday, the Commission unveiled its proposals to revise the European directive on sustainable finance (SFDR), established in 2021 to encourage investors to choose more sustainable options through a fund classification system.

At the end of September, NGOs and experts, including the Reclaim Finance association, the collective Our Affair to All, and climatologist Jean Jouzel, urged Brussels to thoroughly reassess this classification, which they deemed too ambiguous and overly permissive, particularly calling for the exclusion of companies involved in fossil fuel development.

The Commission’s proposal appears to address these concerns by recognizing that the current classification may mislead investors. It introduces a new classification system consisting of three stricter categories that also take into account additional social and environmental impact criteria.

This initiative aims to more effectively combat “greenwashing,” where companies use vague ecological language in their communications. (November 20, 2025)

Comments

17 responses to “Sustainable Finance: Brussels Aims to Omit Fossil Fuels from ‘Green’ Funds”

  1. Stick Shift Avatar
    Stick Shift

    So, Brussels is finally waking up and smelling the fossil fuels? Must’ve taken a few espresso shots to realize that ‘green’ and ‘oil’ don’t exactly go hand in hand. 👍💚

    Reply
  2. howitzer rise Avatar
    howitzer rise

    Oh brilliant, let’s just slap a “green” label on whatever suits us, shall we? I guess that’s one way to ensure we can still fund our lovely fossil fuel habits while pretending to give a toss about the planet. 🙄💸

    Reply
  3. howitzer rise Avatar
    howitzer rise

    Looks like Brussels is finally putting their foot down on greenwashing, or is that just a new way to sell us the same old snake oil? 😂 Who knew saving the planet could be so complicated?

    Reply
  4. Kinged Avatar
    Kinged

    Looks like Brussels is finally trying to distinguish between ‘green’ and ‘greenwash.’ Next, they’ll be classifying the ‘fresh air’ fund—just as soon as they find some, eh? 😏💸

    Reply
  5. Trip Avatar
    Trip

    Oh great, just what we needed—another bureaucratic tango in Brussels! 🎩 Who knew “green” could come with so many shades of grey? 🤦‍♂️

    Reply
  6. Solitaire Avatar
    Solitaire

    Oh, brilliant! Finally, Brussels decides to tidy up the greenwashing mess – I mean, who knew that throwing a “green” label on fossil fuels wasn’t effective? 🙄 Good luck sorting that out, mate!

    Reply
  7. ella of light Avatar
    ella of light

    Oh brilliant, let’s just play musical chairs with fund classifications while the planet burns. Can’t wait to see how this ‘stricter’ system turns out; maybe they’ll finally invent a category for “green oil” too! 😏💸

    Reply
  8. blister Avatar
    blister

    So, Brussels is finally putting its foot down on “green” funds, eh? Can’t wait to see how many people still invest in “sustainable” fossil fuel companies – it’s like putting lipstick on a pig and calling it a beauty queen! 🐖💄

    Reply
  9. Ex0tic Avatar
    Ex0tic

    Looks like Brussels is finally trying to tidy up the greenwash mess! Can’t wait to see how they classify my grandmother’s garden as a sustainable fund next! 😂🌱 #GreenGold

    Reply
  10. bugger Avatar
    bugger

    Brussels really knows how to throw a green party, doesn’t it? 🍃 Just what we needed – another layer of bureaucracy to make sure we can still throw money at oil companies while pretending to be eco-friendly. Bravo! 👏

    Reply
  11. hyper kong Avatar
    hyper kong

    Fancy that! Brussels is finally getting a grip on ‘green’ funds—next, they’ll be expecting us to believe that unicorns are real too! 🌍💸

    Reply
  12. pyscho hun Avatar
    pyscho hun

    Looks like Brussels is finally putting its foot down on fossil fuels in ‘green’ funds—who knew it could actually be done without a two-hour debate over coffee? ☕️💼 Just what we needed, another classification system to make life a bit more… erm, complicated! 😂

    Reply
  13. Gro Avatar
    Gro

    Just what we needed—Brussels finally waking up to the fact that “green” shouldn’t just mean “cash in my pocket.” 🌱💸 Who knew that excluding fossil fuels from ‘green’ funds was such a difficult puzzle to solve? 🤔

    Reply
  14. Troubled Pie Avatar
    Troubled Pie

    Oh, brilliant! Just what we needed – more bureaucratic red tape to tell us what ‘green’ really means. Next, they’ll classify air as a luxury good! 🌱💸

    Reply
  15. mad rascal Avatar
    mad rascal

    Oh, brilliant move, Brussels! Who knew excluding fossil fuels from ‘green’ funds was as difficult as finding a decent cup of coffee in London? ☕️ #SustainableFinance #Greenwashing

    Reply
  16. Boost Princess Avatar
    Boost Princess

    Brilliant, just what we needed – a new set of rules to tell us that burning coal is bad for the planet. 👏 Next, they’ll be giving gold stars to companies for simply showing up! 🌍💸

    Reply
  17. berry succubus Avatar
    berry succubus

    Looks like Brussels is finally getting serious about green finance—who knew it took a village of NGOs and a climatologist to tell them that burning fossil fuels might not be the best investment? 😂 Going from “greenwashing” to “green—sort of” is quite the glow-up!

    Reply

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