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Dutch and French want EU to police 'greenwashing'
By EUobserver
The European Securities and Markets Authority (ESMA), an EU agency in Paris, should, in future, regulate the way private companies assigned environmental-friendliness ratings to businesses to help guide investors, the Dutch and French market regulators have said in a joint appeal, Reuters reports. "The proposed framework is aimed at preventing misallocation of investments, greenwashing, and ensuring investor protection," they said, adding that "providers of sustainability-related services remain largely unregulated".